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The PS5 Gets a Price Hike Nearly Everywhere It’s Sold

A close-up of the PlayStation 5's face.

Today, Sony announced a price increase for the Playstation 5 in Europe, the United Kingdom, Japan, China, Australia, Mexico, and Canada. The company cited worldwide economic challenges, including global inflation and adverse currency trends, as the reason for the raised cost of the gaming console.

Sony stated there would be no price increase in the United States. However, shortage problems have plagued the PS5 since launch, and buying a Blu-ray version of the console runs nearly $1,000 from U.S. online scalpers. Buying a system from Amazon at the regular price requires an invitation. Walmart and BestBuy have launched programs for gamers to reserve their next console, but you need to subscribe to their premium services. If Americans don’t want to buy from the big-box retailers, they can also reserve a unit directly from Sony.

The new recommended retail prices for the affected regions are below. Prices are effective immediately, except for Japan, which will take effect on September 15th.

  • Australia
    Digital Edition: $649.95
    Blu-ray Edition: $799.95
  • Canada
    Digital Edition: $519.99
    Blu-ray Editon: $649.99
  • China
    Digital Edition: ¥3,499
    Blu-ray Edition: ¥4,299
  • Europe
    Digital Edition: €449.99
    Blu-ray Edition: €549.99
  • Japan
    Digital Edition: ¥49,478
    Blu-ray Edition: ¥60,478
  • Mexico
    Digital Edition: $12,499
    Blu-ray Edition: $14,999
  • United Kingdom
    Digital Edition: £389.99
    Blu-ray Edition: £479.99

An analysis from Ars Technica shows the new prices represent between a 3.2% to 12.9% increase, depending on the model and country.

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Danny Chadwick Danny Chadwick
Danny has been a technology journalist since 2008. He served as senior writer, as well as multimedia and home improvement editor at Top Ten Reviews until 2019. Since then, he has been a freelance contributor to Lifewire and ghostwriter for Fit Small Business. His work has also appeared on Laptop Mag, Tom’s Guide, and business.com. Read Full Bio »