The price of gaming consoles used to go down the longer they were on the market. Now it seems that the opposite is happening. In early August, Nintendo announced a price increase for Switch hardware in the United States. In May, Microsoft announced price increases for Xbox hardware and games.
Now, Sony, maker of the PlayStation 5, is also announcing a price increase in the United States.
Gamespot reports that PS5 consoles will cost $50 more going forward in the United States.
- PlayStation 5 Slim Digital Edition: now $500, previously $450
- PlayStation 5 Slim: now $550, previously $500
- PlayStation 5 Pro: now $750, previously $700
The systems are still available for the older prices at Amazon and other third-party retailers, according to the news outlet. So, if you always wanted to buy one, you may still be able to buy a PS5 for the lower price before retailers are adjusting it.
Sony is not changing the price of accessories at this point. The company announced price changes in other markets earlier this year.
In Europe, Sony increased the price of the digital edition by 50 Euros, but kept the price of the standard edition with disc drive.
Sony did not reveal why it is increasing the price in the United States, but tariffs may play a role in Sony’s decision. The United States have increased tariff rates on countries where the PlayStation 5 is produced.