PS5 Prices Are Getting Higher in Some Regions

Sony Interactive Entertainment has announced a PS5 price increase in Europe, Australia, and New Zealand, effective April 14, 2025. This comes as the company’s flagship console approaches its fifth anniversary, with the aging PS5 now reaching one of its highest prices.

This isn’t the first time the Japanese gaming giant has raised the price of its flagship console. In 2022, Sony increased the PS5 RRP across several regions due to general inflation caused by the coronavirus pandemic. Despite never reducing the price afterward and ongoing complaints from gamers about the console’s already steep cost, Sony has now decided to raise it again.

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Sony’s VP of global marketing, Isabelle Tomatis, announced that the digital PS5 will now cost €499.99 in Europe and £429.99 in the UK. The standard edition’s price, however, will remain unchanged in both regions. In Australia, the standard PS5 will be priced at AUD $829.95, while the Digital Edition will cost AUD $749.95. In New Zealand, the standard model will retail for NZD $949.95, with the Digital Edition’s price increasing to NZD $859.95. The updated pricing will go into effect globally on April 14, 2025. At the same time, the price of the PS5 Disc Drive will be reduced in each of these markets. Sony has also confirmed that its current-gen console will become more expensive in the Middle East and Africa (EMEA), though the new prices for these regions have not been specified.

The PS5’s New Manufacturer Recommended Retail Prices

• Europe (+€50)
  • PS5 Digital Edition – €499.99 (previously €449.99)
  • PS5 with Ultra HD Blu-ray disc drive – €549.99 (no change)
• UK (+£40)
  • PS5 Digital Edition – £429.99 (previously £389.99)
  • PS5 with Ultra HD Blu-ray disc drive – £479.99 (no change)
• Australia (Up to +AUD $100)
  • PS5 Digital Edition – AUD $749.95 (previously AUD $649.95)
  • PS5 with Ultra HD Blu-ray disc drive – AUD $829.95 (previously AUD $799.95)
• New Zealand (Up to +NZD $210)
  • PS5 Digital Edition – NZD $859.95 (NZD $649.95 at launch)
  • Standard PS5 with Ultra HD Blu-ray disc drive – NZD $949.95 (NZD $819.95 at launch)

The news of the PS5 price hike comes alongside Sony’s announcement that PS Plus subscriptions will also become more expensive in 16 LATAM countries. In recent months, the company has faced growing criticism for prioritizing shareholders and being “too greedy” with its profitability strategies. Despite the backlash, Sony continues to attribute its pricing decisions to global inflation and political shifts, insisting that a “bad economy” is to blame, not a push for higher profits.

The response to the PS5’s latest price increases has been largely negative, with many fans noting that this may be the first time a console’s launch buyers got the best deal. While prices traditionally fall over time, Sony’s flagship console has now hit its highest point nearly five years after its 2020 launch. Adding to the controversies, Sony is also facing a lawsuit from Massaschade & Consument, a Dutch consumer group that’s accusing the company of charging 47% more for digital games. Of course, the legal action hasn’t slowed the inflation, and it remains to be seen how the new pricing will affect PS5 sales.