Sony Raises PS5 Prices $50 Across US Models Starting August 21

Sony has announced it will raise the price of all PlayStation 5 models in the United States by $50 starting August 21, 2025, citing a "challenging economic environment" as the reason for the increase. This price hike affects the base PS5, the digital PS5, and the PS5 Pro, pushing the Pro model's price to nearly $800 including tax. Despite these increases, Sony confirmed that prices for PS5 accessories will remain unchanged. The move follows similar recent price increases by other major gaming companies, such as Nintendo's higher costs for the Switch 2 console and Xbox's price adjustments on consoles and some games. Rising production costs, tariffs, and economic pressures under President Trump’s administration are implied factors behind these industry-wide price adjustments. Consumers will have limited time to purchase consoles before the new prices take effect.