Sony has officially announced the price hikes that will be taking effect soon PlayStation 5 family of consoles. The PS5 was originally released on November 12, 2020, with a disc model priced at $499.99 and a cheaper, digital-only version available for $399.99.
The PlayStation 5 has been a cornerstone of gaming since its release, with Sony constantly iterating on the console's design and functionality over time. In November 2023, three years after the console's release, Slim versions of both the digital and base models of the PS5 were released, effectively replacing the original console design. The same month saw the release of PlayStation Portal, a handheld device that allows players to take advantage of the PS5's remote play capabilities and enjoy games through Sony's official portable product. A year later, in November 2024, Sony released the more powerful PS5 Pro, which includes support for improved graphics options and a slight redesign.
6 years later, the PS5 has just passed a major milestone
6 years after its release, the PlayStation 5 has passed a significant sales milestone that now puts it ahead of one of Sony's most popular consoles.
Sony confirms that the PlayStation 5 console and PlayStation Portal will soon be more expensive
Sony has officially confirmed price increases for the PlayStation 5, PS5 Pro and PlayStation Portal consoles effective April 2, 2026. Sony cites “ongoing pressures in the global economic environment” as the reason for the increase, which sees increases across all versions of the PlayStation 5 console and a new “recommended retail price” for the PlayStation Portal.
OUR
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PS5 – $649.99
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PS5 Digital Edition – $599.99
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PS5 Pro – $899.99
United Kingdom
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PS5 – £569.99
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PS5 Digital Edition – £519.99
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PS5 Pro – £789.99
Europe
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PS5 – €649.99
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PS5 Digital Edition – €599.99
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PS5 Pro – €899.99
Japan
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PS5 – ¥97,980
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PS5 Digital Edition – ¥89,980
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PS5 Pro – ¥137,980
PlayStation Portal
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US – $249.99
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UK – £219.99
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Europe – €249.99
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Japan – ¥39,980
The move marks a drastic increase in the cost of the consoles, with the price of the PS5 Digital Edition increasing by $200 over its launch price. The more expensive PS5 Pro will also see a $200 jump from its original price of $699.99, making the premium product even more expensive. The price of the base PS5 model, which includes the console's disc drive, is increasing by $150, as is the cost of the PlayStation Portal, which was originally listed at $199.99.
The price hike is an unfamiliar situation for console game fans, who are used to hardware costs dropping after release. Despite the unprecedented nature of the price jump, many industry analysts have long predicted such a move, with factors such as rising RAM costs having an impact on console production. Analysts predict that the RAM pricing situation may even delay the next generation of consoles. Constant tariff negotiations between multiple countries around the world may also have contributed to Sony's decision.
The PlayStation 5 has been very successful since its release, and Sony's console regularly outperforms the competition. Despite the PS5's sales pace making it Sony's most successful console generation to date, the market for such consoles is changing rapidly based on other factors. Fans who are used to waiting for the price to drop before investing in new hardware will be disappointed to learn that the industry seems to be quickly moving in the opposite direction. The rush to buy the latest piece of gaming hardware may go against conventional electronics wisdom, but the decision to increase the cost of consoles after more than five years is a clear indication that times have changed.
