PlayStation Plus prices are increasing this week for new subscribers, Sony has announced. Starting on May 20th, the price of the Essential tier will increase by $1 for a one-month subscription and by $3 for a three-month subscription.
As announced by the official PlayStation account on X (formerly Twitter), “prices will start at $10.99 USD / €9.99 EUR / £7.99 GBP for 1-month subscriptions and $27.99 USD / €27.99 EUR / £21.99 GBP for 3-month subscriptions.”
Starting May 20, PlayStation Plus prices for new customers will increase in select regions. Due to ongoing market conditions, prices will start at $10.99 USD / €9.99 EUR / £7.99 GBP for 1-month subscriptions and $27.99 USD / €27.99 EUR / £21.99 GBP for 3-month subscriptions.…
— PlayStation (@PlayStation) May 18, 2026
Sony does confirm that the latest price increase will not affect most current subscribers. “This price change does not apply to current subscribers (except in Turkey and India) unless the existing subscription changes or lapses.”
Sony cites “ongoing market conditions” for the price increase. Earlier this year, PlayStation raised the prices of its PlayStation 5 consoles, including the PS5 Pro, due to similar “pressures in the global economic landscape.” The hardware price increase affects consoles in Canada, the US, the UK, Europe, and Japan, with prices rising by $100.
Similarly, Nintendo is raising the prices of its Nintendo Switch 2 consoles in Canada, the US, Europe and Japan. Starting on September 1st, the console will cost $679.99, an increase of $50. Once again, “changes in market conditions” are being blamed for rising costs.
Microsoft hasn’t been immune to these increases either. Last year, a price hike on hardware and software hit Canada, affecting Xbox Series X and Series S consoles, controllers and select first-party games. However, Microsoft recently lowered the price of Xbox Game Pass Ultimate from $33.99 to $25.99 per month.
This entire trend is very unorthodox. In prior console generations, hardware prices typically declined. However, Sony, Microsoft and Nintendo are all being impacted by US tariffs, increased memory costs and economic conditions that are affecting shipping and fulfillment of consoles.
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