Starting Thursday, you can expect to pay more for a new PlayStation, thanks to "a challenging economic environment."

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,

After months of holding off, Sony has raised the price of its PlayStation 5 console lineup in the United States and the PS5 Pro is now a whopping $750.