PS5 Price Hike: What It Means for Gamers (and How to Still Score Big Deals)


Sony just dropped news that stings for gamers in the United States. Starting August 21, the standard PlayStation 5 now costs $549.99, the Digital Edition moves up to $499.99 and the Pro version climbs to $749.99. That’s a flat $50 increase across the board, as reported by Reuters. This isn’t just a minor adjustment it changes the way players think about upgrades and timing their next console purchase.


The reason behind the hike isn’t exactly mysterious. Sony confirmed the move comes down to economic pressure created by U.S. tariffs on electronics which have made importing components costlier. Instead of swallowing the loss, Sony passed part of it to consumers, something The Verge noted was unavoidable under current trade conditions. It’s also worth remembering this isn’t the first region to feel the pinch gamers in Europe, Australia, and New Zealand already saw increases earlier this year with price jumps ranging from 10 to 15 percent depending on the model according to The Verge. India was spared for a while but that may be ending. Prices here haven’t moved for the disc version it still sits around ₹54,990 but the Digital Edition just showed a ₹5,000 jump from ₹44,990 to ₹49,990, as spotted by Gadgets360. Readers following r/ps5india confirm the change is already live on official listings. Sony told Mint that for now the price increase applies only to the Digital Edition, so the disc edition isn’t affected yet (Live Mint). That said, Notebookcheck recently quoted an industry insider suggesting this might just be round one. Reports indicate the standard PS5 could see a ₹4,000 hike with the Digital Edition seeing the existing ₹5,000 bump turn permanent (Notebookcheck).


For U.S. buyers, there’s a short window of opportunity. Major retailers like Amazon, Best Buy, and Walmart are still selling PS5s at the old prices, but as The Verge highlights, those deals will vanish quickly once August 20 passes. Anyone sitting on the fence about finally picking up a console should probably make a decision fast.

 

 

What This Means for Indian Gamers


Here in India, the price change doesn’t immediately apply but it sets a precedent. If tariffs and global supply chain issues continue similar adjustments could hit the Indian market later. Since a new PS5 already costs over ₹50,000 another bump could make ownership even harder for students, young professionals, and casual gamers. That’s why console rentals and gaming lounges are proving to be the smarter, flexible choice letting you enjoy next-gen games without the heavy upfront investment.



Why Choose Craving for Gaming


Even if console prices climb worldwide, Craving for Gaming makes sure players don’t miss out. We provide:


● PS5, Xbox & VR’s rentals with the latest editions ready to go, available for homes, events, and corporate setups.

● A curated selection of multiplayer and single-player titles that are updated regularly

● Complete setup and tech support so you can jump straight into gaming without worrying about logistics

● Flexible rental packages that cost a fraction of console ownership


You can read more about how our service works in our feature: CFG Console Rentals – Play, Chill, Repeat.

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