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

Sony held out longer than Microsoft and Nintendo, but it too is increasing the prices of PlayStation consoles in the US starting on August 21. The standard PS5 (the one with with a disc drive) will now run you $550,

Sony is raising the price of all PS5 models by $50 in the US due to a “challenging economic environment,” according to a blog post. The changes will go into effect on Thursday. The new prices are as follows: