PlayStation Plus Price Increases Announced For All Tiers, Premium Plan Going Up $40/Year

Sony has raised the price of every PlayStation Plus tier. The company has announced that, beginning September 6, 12-month subscriptions to the service will be more expensive. The Premium tier will be $40 more expensive per year.

Sony said it's charging more so it can continue to launch "high-quality games and value-added benefits to your PlayStation Plus subscription service."

The PS Plus Essential tier is going up to $80/year, with Extra rising to $135/year. PlayStation Plus Premium will be $160/year. You can see the full price breakdown below.

Sony did not disclose if the one- and three-month PS Plus membership rates are going up as well, but the company said the 12-month prices will continue to represent a discount over purchasing by month or by quarter.

Existing 12-month subscribers will not see a price increase until their next renewal on or after November 6. Sony's announcement of higher PS Plus prices comes not long after Microsoft raised the price of Xbox Game Pass.

In other PS Plus news, Sony just announced the new PS Plus games for September 2023.