PS5s Are Becoming More Expensive Pretty Much Everywhere Except the U.S.

It will now cost you more to get a PS5 if you live outside the U.S., even though the PS5 has been out for nearly two years.

In a Thursday post, Jim Ryan, CEO of Sony Interactive, said that the company is raising the price of the PS5 in select markets around the world, which means it will be more expensive in the US, South Korea and Brazil.

The price has gone up in Europe, the UK, Japan, China, Australia, Mexico, and Canada. The price for Japanese consoles will go up by 21%, while Europe will go up by 10%. The price increases for Japan will start on September 15. The price increases are summarized below.

PS5 with disc drive – €549.99; PS5 Digital Edition – €449.99

PS5 with disc drive – £479.99; PS5 Digital Edition – £389.99

PS5 with disc drive – ¥60,478 yen; PS5 Digital Edition – ¥49,478 yen

PS5 with disc drive – ¥4,299 yuan; PS5 Digital Edition – ¥3,499 yuan

PS5 with disc drive – AUD $799.95; PS5 Digital Edition – AUD $649.95

PS5 with disc drive – MXN $14,999; PS5 Digital Edition – MXN $12,499

PS5 with disc drive – CAD $649.99; PS5 Digital Edition – CAD $519.99

The Sony Interactive CEO said the new prices reflect the high global inflation rates.

In its most recent quarterly earnings report, Sony stated that while it wasn't changing its expectations of 18 million unit sales for the fiscal year, it was a much lower level of engagement than it anticipated. Major first party titles are needed to defeat this. Sony was optimistic that it could quickly increase production because of the factory lockdowns in China. The earnings report didn't mention any price increases.

Ryan said in his recent post that Sony still wants to get more PS5s on the market. In the US, UK, Australia, and so on, Microsoft still sells the Series X for $500.

Hardware makers have been increasing their prices as of late. Meta made an announcement last month that it was increasing the price of the game by $100.