Sony will increase the prices of its PlayStation 5 consoles in the US, starting Thursday, Aug. 21. This follows the trend of console manufacturers such as Microsoft and Nintendo raising prices for their hardware in response to tariffs .

The PlayStation-maker posted about the pricing on Wednesday. The jump in price is $50 more than the current price for each model.

The new prices are:

PlayStation 5 : $500 to $550

PlayStation 5 Digital Edition : $450 to $500

PlayStation 5 Pro : $700 to $750

Buy a PS5 Pro for $699 at Amazon

This price increase will likely also affect recently released PS5 bundles such as the Astro Bot bundle and Fortnite Cobal bundle .

"Similar to many global businesses, we continue to navigate a challenging economic environment," Sony said in a post

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