March 30, 2026, 4:33 pm | Read time: 2 minutes
Normally, video game consoles become cheaper as they age. However, the PlayStation 5 is bucking this trend: Sony continues to raise prices. This marks the third increase since its launch.
When a console’s lifecycle nears its end, it’s usually the best time for bargains. Hardware and software can often be purchased at reduced prices. With the PlayStation 5 now almost six years old and rumors of the PlayStation 6 circulating, many fans expected price cuts. But Sony is taking a different approach. In an official blog post, the company announced it will significantly increase the list prices of the PS5 starting April 2, 2026–the third hike since November 2020.
Here’s How Much the PS5 Costs Now
The price increase affects all versions of the console:
- PlayStation 5 Digital Edition: from 499.99 to 599.99 euros
- PlayStation 5 with Blu-ray drive: from 549.99 to 649.99 euros
- PlayStation 5 Pro: from 799.99 to 899.99 euros
- PlayStation Portal Remote Player: from 219.99 to 249.99 euros
Sony cites ongoing global economic pressure as the reason for the move. According to the company, the increase is necessary to continue offering “innovative and high-quality gaming experiences.” In April 2025, Sony had already raised the price of the Digital Edition by 50 euros. The first increase occurred in 2022.
Current Street Prices Still Moderate
Despite the official price hike, street prices remain lower. The Digital Edition, in particular, is currently available for under 420 euros. Experts attribute the price increase partly to the global memory crisis. Costs for RAM and flash memory have surged due to the ongoing AI boom.
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Incidentally, Sony is not alone in its pricing strategy. Microsoft and Nintendo have also raised their console prices. It remains to be seen how PlayStation fans will react to the third round of price increases and how street prices will evolve in the coming months.
With the latest adjustment, Sony demonstrates that the PS5 is still positioned as a premium product despite its age. For gamers, this means those hoping for a cheaper model will need to be patient–or invest more.