Sony has recently started to implement price increases for the PlayStation 5 in several countries, including Europe, the UK, Australia, and New Zealand. Sony attributes the price hike to a “ challenging economic environment,” and many consumers are wondering how much the prices will increase and if those increases will come to their country if they haven’t yet.
Current Price Adjustments to the PlayStation 5 Console
- Europe: €499.99 = €50 increase
- United Kingdom: £429.99 = £40 increase
- Australia: AUD 749.95 for the Digital Edition
- New Zealand: NZD $859.95 for the Digital Edition
While Sony has increased the cost of the standard PlayStation 5, the PS5 Pro is the same cost, possibly making it a more attractive option for those looking to purchase a new system due to the many upgrades that include an upgraded GPU, advanced ray tracing, AI-powered upscaling, and more storage. Sony has also lowered the cost of the disc drive accessory.
Currently, the U.S. has not experienced a PS5 price increase. However, insiders suggest that continued economic pressure may necessitate future adjustments. Therefore, consumers in the United States might want to pick one up soon.
Xbox recently announced that they are increasing the cost of their Game Pass, and many expect the consoles to increase in cost as well. Many gamers are also upset about the high cost of the upcoming Nintendo Switch 2.
Tips to Handle Gaming Console Price Increases
- Now’s the time to play all of those games you’ve been meaning to play.
- Buy refurbished or gently used.
- Watch for PlayStation 5 sales on Black Friday, Prime Day, or Back-to-School deals.
- Legitimate sites (like WIRED, IGN, or Best Buy) often run console sweepstakes.
