Buying the latest-gen Sony console just got more expensive as the company just raised the price of PlayStation 5 consoles.

Gamers, brace yourselves: the PS5 just got pricier. After citing a “challenging economic environment,” Sony has increased PS5 prices to the following: PlayStation 5: $549.99 (up $50 from $499.99) PlayStation 5 Digital Edition: $499.

Every version of the PlayStation 5 is now $50 more expensive in the U.S., but at least for now, a new deal at GameStop will cover the difference. The meme stock retailer announced it will start giving anyone who trades in their last-gen consoles an extra $50 in-store credit toward the purchase of a new PS5.

Sony today announced that starting tomorrow, August 21, all PS5 models will be subject to a $50 price increase in the United States.

The Japanese company announced a base model now costs about $550. It previously cited Trump's tariffs as a reason for potential price increases.

After months of holding off, Sony has raised the price of its PlayStation 5 console lineup in the United States and the PS5 Pro is now a whopping $750.

The price increase for the PS5 has finally reached US shores, as Sony has officially announced that the PS5 console, in all models, will now cost more to

Sony has announced that it is raising prices on all versions of the PlayStation 5 in America. The increased prices go into effect on August 21, giving folks little time to plan ahead of the price hike. Folks now have less than 24 hours to try and buy a PS5 or PS5 Pro before Sony increases the price.

California governor Gavin Newsom has reacted to the PlayStation 5 price hike in the US, jokingly thanking US President Donald Trump for making it happen via his controversial tariff strategy. Re-sharing a news story about the PS5 price hike, Newsom, a Democrat, posted on social media, "Great work, Donald Trump!!"

Starting tomorrow, the PS5 is getting more expensive. In an announcement on the PlayStation blog, Sony has announced that the prices for all the different editions of the PS5 are increasing. Here is the list of new prices: PlayStation 5 Digital Edition – $499.99 PlayStation 5 Pro – $749.99