The price of the PlayStation 5 may be going up, but the Xbox Series S is getting cheaper

In a devastatingly short post on PlayStation.Blog last week, Sony Interactive Entertainment President Jim Ryan announced that the coveted next-gen console, the PlayStation 5, would be receiving a price increase in virtually every market around the world. , out of TO US.

In Australia, that price increase translates to an A$50 increase on both the Flagship PlayStation 5 with the disc drive and the cheaper Digital-Only Edition. The SOI chief attributed the price increase to “high rates of global inflation as well as adverse currency trends,” and the price increase is effective immediately. That means it’s no longer available at that cheaper price unless you’ve already ordered one and are waiting for delivery.

The new prices of PlayStation 5 in Australia

If you’re an online shopper, those new suggested retail prices might even seem too cheap to you, since the endless shortage of the PS5 has been going on for so long, with both editions of the console regularly trading for over A$1,000. retail here in Australia due to its rarity. Often the most reliable way to get your hands on the console is to purchase a bundle like this PlayStation 5 Console – Horizon Forbidden West Bundle for $1,278.99

Fortunately, Sony appears to be alone in this decision, as neither Microsoft nor Nintendo appear to be planning to raise their prices anytime soon. And while the suggested retail price of Xbox Series S remains at A$499 and Xbox Series X at A$749, they have historically been closer to the truth. In 2022, there were even a number of deals on the Xbox Series S, with Amazon Australia currently offering the digital-only console for just 468 Australian dollars.

Xbox Series S console: A$468 (was $499, 6% off)

The smallest and most elegant Xbox console in history. Go next-gen on this digital-only console and enjoy hundreds of high-quality games available on Xbox Game Pass

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For more great deals on consoles, games and gaming accessories available in Australia right now, check out our weekly roundup here.

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