PlayStation 5 consoles are getting another price hike; this is how much PS5, PS5 Pro will cost now

Starting April 2, buying a PlayStation 5 is going to cost you more. Sony announced global price increases for its PS5 lineup on Friday, with the standard disc edition moving from $549.99 to $649.99, the Digital Edition from $499.99 to $599.99, and the PS5 Pro climbing from $749.99 to a steep $899.99.

The PlayStation Portal remote player goes up $50 to $249.99. Sony's explanation was brief: "continued pressures in the global economic landscape."What makes this sting more is the context. This is the second price hike in under a year—Sony had already raised US prices by $50 across the board last August. Put the two together and the standard PS5 is now $100 more expensive than it was eight months ago, and $150 more than when it launched in November 2020 at $500.

The PS5 Pro, which launched at $699.99 in late 2024, has now crossed $900 in under 18 months.

Gaming is getting more expensive everywhere, not just PlayStation

Sony isn't doing this alone. Microsoft raised Xbox console and controller prices last May. Nintendo bumped the original Switch from $299 to $339. The reasons behind these hikes go deeper than any one company's margins. U.S. tariffs and the ongoing conflicts in Ukraine and Iran have rattled global supply chains. RAM prices have shot up sharply, partly because AI data centers are consuming memory at a pace the industry wasn't built to absorb—and that pressure inevitably filters down to consumer hardware.

Bloomberg recently reported that Sony may delay the next-generation PlayStation to 2028 or 2029, a sign of how severe the situation is.The $1,000 console, once a hypothetical, no longer feels that far off.

India hasn't seen a new price change yet—but the PS5 Pro might finally be on its way

Sony has not announced any price revisions for India following Friday's global hike. That said, India isn't untouched—Sony quietly raised the PS5 Digital Edition's price here from Rs 44,990 to Rs 49,990 around July last year, without any official statement.

The Disc Edition has stayed at Rs 54,990. Given Sony's track record of following global hikes with India-specific revisions, it's reasonable to expect a price increase here as well in the coming months.The bigger India story right now, though, is the PS5 Pro. The console never officially launched here because its Wi-Fi 7 support requires the 6GHz spectrum band, which India had not approved. That changed in January 2026, when India lifted restrictions on the lower portion of the band. Shortly after, the PS5 Pro appeared on the Bureau of Indian Standards certification database—typically a signal that a launch is close.

Grey market units are already circulating between Rs 70,000 and Rs 80,000; an official launch would likely land in that range or higher once taxes and duties are factored in.