[STEAM] The PS5 is increasing in price yet again. So, what’s going on with all these price hikes in gaming?

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A PlayStation 5 Pro gaming console now costs 900 United States dollars. You read that right.

Sony

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today that it is increasing the price of the PS5 Pro, base PS5 ($649), and PS5 Digital Edition ($599) in the US, ***, Europe, and Japan. And the powerful PS5 Pro will run you a staggering $899 as of April 2, which is...six days from now. Yay.

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Image via PlayStation "With continued pressures in the global economic landscape, we’ve made the decision to increase the prices of PS5, PS5 Pro, and PlayStation Portal remote player globally," Sony announced. "We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide."

So, why is this happening again? Yeah, that's right, I said again. The PS5 just got a price hike last year, along with the Xbox (which saw an increase twice in 2025). Well, to put it simply, the state of the world sucks. That's nothing new, but it's exponentially affecting tech and our beloved hobby more than ever.

The tech industry's incessant obsession with AI and powering data centers around the world has driven up the price of just about everything needed to power these consoles, especially RAM. Combine that with regular old inflation and an increase in tariff prices from the current US administration making shipping cost more, and it means that companies like Sony and

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feel the need to hike their console prices to continue making profits.

For these exorbitant price increases, you can easily boil it down to one thing, and it's the same thing that's ruining basically everything, all the time, since the beginning of time: greed. It's the root of all evil, and it's the main driving force behind the reason why you will be paying over a thousand bucks for a PS5 Pro after taxes in the US. Oh, and the handheld PlayStation Portal is now going up to $249, as well. Fun times.

It doesn't stop there, really. Nintendo made the move last year to price some games at $80, so it's being felt everywhere, really. And that's not including price hikes elsewhere in entertainment like just about every streaming service, too.

This pattern is rather unprecedented when it comes to consoles, though. Historically, consoles drop in price as time goes on, while newer, powered-up versions like the PS5 Pro replace the base version's price, or come in at a bit higher. Over the past couple years, though, it's only gone up.

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Image via Team Asobi When the PS5 Digital Edition launched in 2020, it was $399. Now it's $599. When the Xbox Series X launched in 2020, it cost $499. Now it's $650. And unfortunately, there's really no end in sight to the tumult that's hammering the world economy.

So, if you were looking to pick up a PS5 Pro or even just a base PS5 soon, I'd try to get that done before April 2. I'd say the same if you're in the market for an Xbox or Switch 2, also, because it doesn't look like the prices will be coming down any time soon.

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