Attention gamers! The price of all PlayStation 5 models is set to soar by $50, with the new prices going live as soon as tomorrow!

In a surprising announcement, Sony attributed the increase to a "challenging economic environment," a move influenced significantly by the tariffs imposed by the previous administration on imported goods.

Here are the new price tags you can expect: - **PlayStation 5** – **$549.99** - **PlayStation 5 Digital Edition** – **$499.99** - **PlayStation 5 Pro** – **$749.99**

While PS5 console prices are climbing, Sony reassured fans that the prices for PS5 accessories will remain unchanged—at least for now.

This isn’t a unique situation for Sony. Back in April, they hiked prices in regions like the UK, Europe, Australia, and New Zealand, and just last month hinted at this move due to ongoing inflation and tariffs.

But they’re not alone in this. Microsoft has also adjusted prices for Xbox hardware and accessories, bringing the Xbox Series X Digital Edition to a hefty **$549.99**. Plus, with the imminent launch of the Switch 2, Nintendo recently increased prices for its accessories and even raised the cost of the original Switch due to tariff impacts.

So gamers, brace yourselves and update your budgets—it's time to pay up or miss out on the latest gaming experiences!