The PlayStation 5 console is the one to get if you want to play hit video games like The Last of Us, Marvel’s Spider-Man 2, and God of War. Many of these games will launch on PCs eventually, but the PlayStation 5 is where you can play them first, so it’s a great choice for dedicated gamers of all ages and interests.The PS5 launched in the fall of 2020, and three years later, Sony replaced it with the PlayStation 5 Slim and PlayStation 5 Slim Digital Edition. These revamped consoles are slightly smaller, but they’re not meaningful upgrades from the previous-model PS5, and if you already own an original version, there’s no reason to splurge on either Slim model. However, Sony now offers the enhanced PlayStation 5 Pro, which plays all the same games but often provides graphical benefits and some other minor quality-of-life improvements.In August 2025, Sony raised prices on the PS5 lineup by $50, citing a “challenging economic environment.” This move is chiefly due to significant tariff increases levied by the Trump administration against China, Taiwan, Japan, Vietnam, Thailand, Cambodia, and Korea, where virtually all of the PlayStation 5 and its component parts (and other consoles and accessories) are manufactured and assembled. We still recommend the PS5 if you own an older console, but deals may be harder to find.Here’s everything you need to know about the latest PlayStations—including which one you should buy.