Sony has officially kicked off its first major sales event of the year, launching the PlayStation Store New Year Deals 2026 promotion this week. Running now through February 4, 2026, this massive storefront refresh brings deep discounts to over 3,000 digital titles for PS5 and PS4. Whether you are looking to catch up on late 2025 hits or find cheap hidden gems, this sale offers some of the lowest prices we have seen to date on major franchises.
Headline Deals: Silent Hill & Star Wars Drop in Price
One of the most eye-catching offers in the PlayStation Store sale January 2026 lineup is the unprecedented discount on the Silent Hill 2 & Silent Hill f Dual Pack. Konami’s horror bundle, which includes both the acclaimed 2024 remake and the recently released Silent Hill f (launched in September 2025), is currently available for $59.99—a solid 40% off its standard $99.99 price tag. For horror fans who missed out on Silent Hill f’s 1960s Japan setting last fall, this is the perfect entry point.
Another major AAA title seeing a significant price cut is Ubisoft’s open-world adventure, Star Wars Outlaws Deluxe Edition. After receiving multiple content updates throughout late 2025, the deluxe package is now sitting at a record low of $26.99 (70% off). This deep discount suggests now is the ideal time to jump into the criminal underworld of the Outer Rim if you were waiting for post-launch patches to stabilize the experience.
Best PS5 Game Deals Under $20
For budget-conscious gamers, this sale is a treasure trove. The standout steal is undoubtedly Tango Gameworks’ rhythm-action hit, Hi-Fi Rush, which is slashed to just $17.99. This Hi-Fi Rush PlayStation sale price is a steal for one of the most stylish and critically acclaimed action games on the platform. Its vibrant visuals and beat-syncing combat make it a must-play for anyone who hasn’t yet experienced Chai’s rockstar journey.
Other notable cheap PS5 games 2026 include the Resident Evil Village Standard Edition, which has dropped to a mere $9.99, and the enduringly popular Cult of the Lamb for $9.99. If you have a PS VR2 headset gathering dust, check out Hitman World of Assassination Part One – VR Edition, now discounted to $13.99, offering one of the most immersive stealth sandboxes available.
PlayStation Plus Exclusive Discounts
Subscribers to Sony’s service get even sweeter perks this month. The PlayStation Plus exclusive discounts tier drives prices down further on select indies. The dungeon-crawling shopkeeper simulator Moonlighter is practically free, dropping to $0.99 for Plus members (down from $1.99 for non-members). Similarly, the chaotic FPS Anger Foot is available for just $9.99 exclusively for subscribers, making it an easy impulse buy for a weekend of mayhem.
Legacy Collections & Fighting Games
Fighting game enthusiasts have plenty to celebrate with the Mortal Kombat Legacy Kollection hitting $29.99. This comprehensive anthology, released late last year to celebrate the franchise's history, bundles classic arcade titles with modern quality-of-life features. It's a rare discount for such a new collection.
Additionally, Shadow of the Colossus (the Bluepoint remake) is half-off at $9.99, proving that some classics never age. Whether you are looking for the best PS5 game deals on new releases or filling gaps in your retro library, the PS Store New Year Deals 2026 event has something for everyone before it wraps up on February 4.
