Sony is raising the price of all PS5 models by $50 in the US. The company cited the “challenging economic environment,” which includes the tariffs President Trump has placed on imported products.

The changes will go into effect on Thursday, and the new prices are as follows:

• PlayStation 5 – $549.99
• PlayStation 5 Digital Edition – $499.99
• PlayStation 5 Pro – $749.99

Sony says that the retail prices for PS5 accessories “remain unchanged.”

In April, Sony raised the price of PS5 hardware in the UK, Europe, Australia, and New Zealand, and in May, the company said it was considering price hikes to cover the Trump administration’s tariffs.

Microsoft has also raised the price of Xbox hardware and accessories, including bumping up the Xbox Series X digital edition to $549.99. Ahead of the Switch 2’s launch, Nintendo hiked the cost of accessories for the console, and in earlier this month, it raised the price of the original Switch “based on market conditions.”