Sony has announced yet another price hike for the PS5, and this is, by far, the biggest one we’ve seen to date. The company has said the choice was made due to ongoing “economic pressures” worldwide.
If you want to pick up a PS5, you have a few days to quickly get in at the original price. Effective April 2, 2026, the base PS5 model will be $150 more expensive than it is now (and what it launched at). Increases are coming across the board for PlayStation systems worldwide, including the PlayStation Portable. Here’s how all the new prices shake out.
United States
- Standard – $649.99
- Digital – $599.99
- PS5 PRO – $899.99
Canada
- Standard – CAD $819.99
- Digital – CAD $749.99
- PS5 PRO – CAD $1,099.9
United Kingdom
- Standard – £569.99
- Digital – £519.99
- PS5 PRO – £789.99
Europe
- Standard – €649.99
- Digital – €599.99
- PS5 PRO – €899.99
Japan
- Standard – ¥97,980
- Digital – ¥89,980
- PS5 PRO– ¥137,980
And here’s the new PlayStation Portal price
- U.S – $249.99
- Canada – CAD $319.99
- U.K. – £219.99
- Europe – €249.99
- Japan – ¥39,980
In a post on the PlayStation Blog, Sony Global Marketing Vice President Isabelle Tomatis said,”
“With continued pressures in the global economic landscape, we’ve made the decision to increase the prices of PS5, PS5 Pro, and PlayStation Portal remote player globally. We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide.”
This is now the second price hike for PlayStation systems, following a $50 increase in August 2025. It also comes amidst a turbulent time for both the tech and gaming industries. Xbox raised prices on its consoles back in October, setting the Xbox Series X at $649.99. Nintendo, meanwhile, raised the price of the original Switch in August 2025, but so far, hasn’t increased the price of the Switch 2 (although the company has been open about considering it). The price of parts and GPUs has also shot through the roof, making it incredibly hard to build or upgrade a PC capable of high-end gaming.
This is mostly due to the unpredictability of Donald Trump’s tariffs and the strain on trade from the wars in Ukraine and Iran. Analysts and studies have long warned about the dire effects tariffs could have on the video game industry.
Considering we’re now almost six years into this console cycle, it feels unlikely we’ll see these prices drop until whatever’s next is on the doorstep.
