Updated

When you wish upon a star, be sure to bring your wallet. Disneyland has taken another step toward becoming the priciest place on earth.

Disney said in a statement that starting Sunday, a one-day adult ticket to one park will cost $92, a $5 increase. The Los Angeles Times says a single-day ticket to Disneyland Park or the Disney California Adventure Park for customers age 10 or older rose nearly 6 percent,  now costing $92. Admission for kids ages 3 to 9 also rose to $86 from $81.

Buyers of annual passes will see similar increases.

The Disneyland statement says the price hikes were brought on by "a variety of factors," but that the tickets represent a great value given the breadth and quality of attractions and entertainment" its parks offer.

In Florida, the Orlando Sentinel says  visitors age 10 and up will pay $95 to enter the Magic Kingdom. For children ages 3 to 9, tickets will cost $89. This $6 price hike makes Magic Kingdom the most expensive of the Disney theme parks. A one-day ticket for the other parks costs $90.

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"Like any business, we evaluate and adjust our pricing based on a variety of factors," Disney spokesman Bryan Malenius told the Sentinel. "A ticket to our theme parks represents a great value, particularly when you look at the breadth and quality of attractions and entertainment we offer and the special moments guests experience with our cast."

The Associated Press contributed to this report.