diff --git a/abi-gen/package.json b/abi-gen/package.json
index b9683458a..ff2873d6d 100644
--- a/abi-gen/package.json
+++ b/abi-gen/package.json
@@ -108,7 +108,7 @@
         "sinon": "^15.0.0",
         "solhint": "^1.4.1",
         "tslint": "5.11.0",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "publishConfig": {
         "access": "public"
diff --git a/assert/package.json b/assert/package.json
index 720698995..6d88b4b09 100644
--- a/assert/package.json
+++ b/assert/package.json
@@ -42,7 +42,7 @@
         "nyc": "^11.0.1",
         "shx": "^0.2.2",
         "tslint": "5.11.0",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@0x/json-schemas": "^6.4.6",
diff --git a/base-contract/package.json b/base-contract/package.json
index 938ee818d..4c50706b2 100644
--- a/base-contract/package.json
+++ b/base-contract/package.json
@@ -44,7 +44,7 @@
         "npm-run-all": "^4.1.2",
         "shx": "^0.2.2",
         "tslint": "5.11.0",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@0x/assert": "^3.0.36",
diff --git a/contracts-gen/package.json b/contracts-gen/package.json
index fbed78191..f0809d531 100644
--- a/contracts-gen/package.json
+++ b/contracts-gen/package.json
@@ -45,7 +45,7 @@
         "@types/prettier": "^2.7.1",
         "shx": "^0.2.2",
         "tslint": "5.11.0",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "publishConfig": {
         "access": "public"
diff --git a/dev-utils/package.json b/dev-utils/package.json
index 0422732f3..ae764cbd7 100644
--- a/dev-utils/package.json
+++ b/dev-utils/package.json
@@ -43,7 +43,7 @@
         "shx": "^0.2.2",
         "tslint": "5.11.0",
         "typedoc": "~0.16.11",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@0x/subproviders": "^7.0.1",
diff --git a/ethereum-types/package.json b/ethereum-types/package.json
index 1eb50abfc..f21483025 100644
--- a/ethereum-types/package.json
+++ b/ethereum-types/package.json
@@ -38,7 +38,7 @@
         "shx": "^0.2.2",
         "tslint": "5.11.0",
         "typedoc": "~0.16.11",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@types/node": "12.12.54",
diff --git a/json-schemas/package.json b/json-schemas/package.json
index d9fee128a..a40b4e935 100644
--- a/json-schemas/package.json
+++ b/json-schemas/package.json
@@ -65,7 +65,7 @@
         "shx": "^0.2.2",
         "tslint": "5.11.0",
         "typedoc": "~0.16.11",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "publishConfig": {
         "access": "public"
diff --git a/monorepo-scripts/package.json b/monorepo-scripts/package.json
index ffab342aa..218963301 100644
--- a/monorepo-scripts/package.json
+++ b/monorepo-scripts/package.json
@@ -42,7 +42,7 @@
         "npm-run-all": "^4.1.2",
         "shx": "^0.2.2",
         "tslint": "5.11.0",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@0x/types": "^3.3.7",
diff --git a/package.json b/package.json
index ed1e5247d..59a52ba8d 100644
--- a/package.json
+++ b/package.json
@@ -60,7 +60,7 @@
         "npm-run-all": "^4.1.5",
         "prettier": "1.19.1",
         "source-map-support": "^0.5.6",
-        "typescript": "4.6.3",
+        "typescript": "5.0.3",
         "wsrun": "^2.2.0"
     }
 }
diff --git a/sol-compiler/package.json b/sol-compiler/package.json
index 8bea5e7ee..d0f9f8d92 100644
--- a/sol-compiler/package.json
+++ b/sol-compiler/package.json
@@ -69,7 +69,7 @@
         "tslint": "5.11.0",
         "typedoc": "~0.16.11",
         "types-bn": "^0.0.1",
-        "typescript": "4.2.2",
+        "typescript": "5.0.3",
         "web3-provider-engine": "16.0.4",
         "web3-typescript-typings": "^0.10.2",
         "zeppelin-solidity": "1.8.0"
diff --git a/sol-coverage/package.json b/sol-coverage/package.json
index 9cac72338..4aeec77a7 100644
--- a/sol-coverage/package.json
+++ b/sol-coverage/package.json
@@ -53,7 +53,7 @@
         "sinon": "^15.0.0",
         "tslint": "5.11.0",
         "typedoc": "~0.16.11",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "publishConfig": {
         "access": "public"
diff --git a/sol-profiler/package.json b/sol-profiler/package.json
index 5aac8069a..2ff1d4cc7 100644
--- a/sol-profiler/package.json
+++ b/sol-profiler/package.json
@@ -51,7 +51,7 @@
         "shx": "^0.2.2",
         "tslint": "5.11.0",
         "typedoc": "~0.16.11",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "publishConfig": {
         "access": "public"
diff --git a/sol-resolver/package.json b/sol-resolver/package.json
index 385646ac8..b5099a80f 100644
--- a/sol-resolver/package.json
+++ b/sol-resolver/package.json
@@ -28,7 +28,7 @@
         "make-promises-safe": "^1.1.0",
         "shx": "^0.2.2",
         "tslint": "5.11.0",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@0x/types": "^3.3.7",
diff --git a/sol-trace/package.json b/sol-trace/package.json
index 5b7e20fd1..40ab604ce 100644
--- a/sol-trace/package.json
+++ b/sol-trace/package.json
@@ -53,7 +53,7 @@
         "shx": "^0.2.2",
         "tslint": "5.11.0",
         "typedoc": "~0.16.11",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "publishConfig": {
         "access": "public"
diff --git a/sol-tracing-utils/package.json b/sol-tracing-utils/package.json
index 4b547ab87..c29dde9d7 100644
--- a/sol-tracing-utils/package.json
+++ b/sol-tracing-utils/package.json
@@ -78,7 +78,7 @@
         "shx": "^0.2.2",
         "sinon": "^15.0.0",
         "tslint": "5.11.0",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "publishConfig": {
         "access": "public"
diff --git a/subproviders/package.json b/subproviders/package.json
index 3e06ee24d..5383b177d 100644
--- a/subproviders/package.json
+++ b/subproviders/package.json
@@ -77,7 +77,7 @@
         "shx": "^0.2.2",
         "tslint": "5.11.0",
         "typedoc": "~0.16.11",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "publishConfig": {
         "access": "public"
diff --git a/tslint-config/package.json b/tslint-config/package.json
index c8e1e5f53..38647f81c 100644
--- a/tslint-config/package.json
+++ b/tslint-config/package.json
@@ -37,7 +37,7 @@
         "@types/lodash": "4.14.104",
         "make-promises-safe": "^1.1.0",
         "shx": "^0.2.2",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@types/node": "12.12.54",
diff --git a/types/package.json b/types/package.json
index b07e8815c..8f17a3512 100644
--- a/types/package.json
+++ b/types/package.json
@@ -27,7 +27,7 @@
         "make-promises-safe": "^1.1.0",
         "shx": "^0.2.2",
         "tslint": "5.11.0",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@types/node": "12.12.54",
diff --git a/typescript-typings/package.json b/typescript-typings/package.json
index 9cc132ffb..a6856e9a5 100644
--- a/typescript-typings/package.json
+++ b/typescript-typings/package.json
@@ -33,7 +33,7 @@
     },
     "devDependencies": {
         "shx": "^0.2.2",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "publishConfig": {
         "access": "public"
diff --git a/utils/package.json b/utils/package.json
index a50865828..47b93c745 100644
--- a/utils/package.json
+++ b/utils/package.json
@@ -42,7 +42,7 @@
         "npm-run-all": "^4.1.2",
         "shx": "^0.2.2",
         "tslint": "5.11.0",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@0x/types": "^3.3.7",
diff --git a/web3-wrapper/package.json b/web3-wrapper/package.json
index 03aec98f4..42624e8bc 100644
--- a/web3-wrapper/package.json
+++ b/web3-wrapper/package.json
@@ -55,7 +55,7 @@
         "shx": "^0.2.2",
         "tslint": "5.11.0",
         "typedoc": "~0.16.11",
-        "typescript": "4.2.2"
+        "typescript": "5.0.3"
     },
     "dependencies": {
         "@0x/assert": "^3.0.36",
diff --git a/yarn.lock b/yarn.lock
index 9e0b0054b..4f2ec76bf 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -11576,15 +11576,10 @@ typescript@3.7.x:
   resolved "https://registry.yarnpkg.com/typescript/-/typescript-3.7.7.tgz#c931733e2ec10dda56b855b379cc488a72a81199"
   integrity sha512-MmQdgo/XenfZPvVLtKZOq9jQQvzaUAUpcKW8Z43x9B2fOm4S5g//tPtMweZUIP+SoBqrVPEIm+dJeQ9dfO0QdA==
 
-typescript@4.2.2:
-  version "4.2.2"
-  resolved "https://registry.yarnpkg.com/typescript/-/typescript-4.2.2.tgz#1450f020618f872db0ea17317d16d8da8ddb8c4c"
-  integrity sha512-tbb+NVrLfnsJy3M59lsDgrzWIflR4d4TIUjz+heUnHZwdF7YsrMTKoRERiIvI2lvBG95dfpLxB21WZhys1bgaQ==
-
-typescript@4.6.3:
-  version "4.6.3"
-  resolved "https://registry.yarnpkg.com/typescript/-/typescript-4.6.3.tgz#eefeafa6afdd31d725584c67a0eaba80f6fc6c6c"
-  integrity sha512-yNIatDa5iaofVozS/uQJEl3JRWLKKGJKh6Yaiv0GLGSuhpFJe7P3SbHZ8/yjAHRQwKRoA6YZqlfjXWmVzoVSMw==
+typescript@5.0.3:
+  version "5.0.3"
+  resolved "https://registry.yarnpkg.com/typescript/-/typescript-5.0.3.tgz#fe976f0c826a88d0a382007681cbb2da44afdedf"
+  integrity sha512-xv8mOEDnigb/tN9PSMTwSEqAnUvkoXMQlicOb0IUVDBSQCgBSaAAROUZYy2IcUy5qU6XajK5jjjO7TMWqBTKZA==
 
 uglify-js@^3.1.4:
   version "3.16.2"