PlayStation Plus Price-Hike Officially Confirmed, But There's A Silver Lining

PlayStation has announced plans to once again increase the price of PlayStation Plus, though it’s not as bad as it appears.

Gamers had marked their calendars today in the hope that a third GTA VI trailer would materialise, along with pre-orders.

Instead they got the unfortunate news that PlayStation Plus will see a price-hike due to ongoing market problems.

How Much Will PlayStation Plus Cost Now?

PlayStation delivered the bad news through a post on X, confirming that from 20 May onwards the price of new PlayStation Plus subscriptions will be increased in “select regions.”

Ongoing market conditions were blamed for the increase, with the changes affecting 1-month and 3-month subscriptions only.

Below will be the new prices introduced for PlayStation Plus Essential in the United States, United Kingdom and Europe:

$10.99/£7.99/€9.99 for 1-month subscriptions.

$27.99/£21.99/€27.99 EUR for 3-month subscriptions.

While the news is unfortunate there is a silver lining. Depending on where you live your existing membership will be unaffected by the changes.

Current subscriptions will follow the previous price scheme, with the exception of those living in Turkey or India.

Keep in mind though that if you alter or cancel your subscription in any way you’ll need to pay the new price. Annual 12-month subscriptions will stay the same.

So it’s bad news for new subscribers to PlayStation Plus, especially those who’ve been tempted by some of the latest games being added to the service. Those who’ve been subscribed for a while though have nothing to worry about provided they don’t cancel.

This does still make things tricky for current subscribers of course. Everyone knows that are certain times of the year you can snag a longer subscription to PlayStation Plus on the cheap, usually the 12-month variety. Should you choose to take advantage of one of those deals but then want to go back to your previous membership you're obviously going to have to pay the new price.

The same can be said with those currently on a 1-month membership. If you want to upgrade to 3-months instead you're going to encounter the same problem.

Then of course you have PlayStation Plus subscribers living in Turkey and India who have no choice but to pay the inflated prices.

Whether it affects you or not though, nobody likes a price-hike and it’s still unfortunate to see PlayStation push yet another, even when it doesn’t target as many users.

It makes some of Xbox’s recent activity look even better, as not too long ago the company slashed the price of both Xbox Game Pass Ultimate and PC Game Pass, making it much more valuable to Xbox Series X/S or PC owners.

Unlike Xbox Game Pass though, PlayStation Plus is severely lacking in first-party day-one titles. If PlayStation wants to justify price-hikes like the above, it really needs to step up its game when it comes to new additions to the service.

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