Major Sony PS5 price hike just hit all models — here's what you'll pay now

Gaming on PlayStation just got more expensive. Again.

As detailed on the PlayStation Blog, effective April 2, 2026, all PS5 consoles will cost more in the United States. Sony Interactive Entertainment has “made the decision to increase the prices of PS5, PS5 Pro, and PlayStation Portal remote player globally.” Sony says this was due to “continued pressures in the global economic landscape.”

Here’s how much each PlayStation console will now cost:

For those keeping track, I wrote a similar story back in August 2025 when Sony first raised PS5 prices in the US. That one stung, but seeing five-year-old consoles now cost more than they did at launch is wild. As you can see above, the PS5 Pro, which was already expensive when it debuted at $699, now costs a staggering $899!

The US isn't the only region affected, as the United Kingdom, Europe, and Japan are facing similar price hikes.

How does this affect "next-gen" consoles?

The "global economic landscape" Sony is referring to is the ongoing tariff situation, RAMageddon, and global conflicts. While that's understandable, it doesn't make the price hikes sting less. Old consoles have historically gone down in price over the years, but now we're seeing the opposite trend, and what's happening around the world is to blame.

With current consoles now costing so much, it raises the question of how much next-generation systems will retail for. Perhaps this is something we won't have to worry about anytime soon — especially if rumors about next-gen delays are true. If this were a typical console cycle, we would see new systems in 2027. But we're in anything but a typical situation.

Outlook

Given how these price hikes take affect starting on April 2, it would be wise to purchase a PS5 now if you don't already own one. Heck, you can even buy an extra system, since it would effectively be an appreciating asset starting next week.

We’ll keep an eye on this story as it develops, so stay tuned for more!

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