diff --git a/e2e/coverage-handlebars/package.json b/e2e/coverage-handlebars/package.json
index 3eb23f01b754..a08a3cffe282 100644
--- a/e2e/coverage-handlebars/package.json
+++ b/e2e/coverage-handlebars/package.json
@@ -6,7 +6,7 @@
     "testEnvironment": "node"
   },
   "dependencies": {
-    "handlebars": "^4.7.3",
-    "source-map": "^0.6.1"
+    "@cspotcode/source-map": "0.8.0",
+    "handlebars": "^4.7.3"
   }
 }
diff --git a/e2e/coverage-handlebars/yarn.lock b/e2e/coverage-handlebars/yarn.lock
index 209ea5d64f46..94279392b756 100644
--- a/e2e/coverage-handlebars/yarn.lock
+++ b/e2e/coverage-handlebars/yarn.lock
@@ -5,6 +5,13 @@ __metadata:
   version: 6
   cacheKey: 8
 
+"@cspotcode/source-map@npm:0.8.0":
+  version: 0.8.0
+  resolution: "@cspotcode/source-map@npm:0.8.0"
+  checksum: 2d6fa1f0fe0080e0466febf26d38b80f37bfe5641e089a8c8d78cafbd4d33424377abb48768fc1afd3f19fb941e1dbec8afd9e85a1f3ea9aca5ba44e721dbac4
+  languageName: node
+  linkType: hard
+
 "handlebars@npm:^4.7.3":
   version: 4.7.7
   resolution: "handlebars@npm:4.7.7"
@@ -41,8 +48,8 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "root-workspace-0b6124@workspace:."
   dependencies:
+    "@cspotcode/source-map": 0.8.0
     handlebars: ^4.7.3
-    source-map: ^0.6.1
   languageName: unknown
   linkType: soft
 
diff --git a/packages/jest-reporters/package.json b/packages/jest-reporters/package.json
index fb760b4e3831..c4cc73352e4b 100644
--- a/packages/jest-reporters/package.json
+++ b/packages/jest-reporters/package.json
@@ -13,6 +13,7 @@
   },
   "dependencies": {
     "@bcoe/v8-coverage": "^0.2.3",
+    "@cspotcode/source-map-consumer": "0.8.0",
     "@jest/console": "^28.0.0-alpha.4",
     "@jest/test-result": "^28.0.0-alpha.4",
     "@jest/transform": "^28.0.0-alpha.4",
@@ -33,7 +34,6 @@
     "jest-util": "^28.0.0-alpha.4",
     "jest-worker": "^28.0.0-alpha.4",
     "slash": "^3.0.0",
-    "source-map": "^0.6.0",
     "string-length": "^4.0.1",
     "terminal-link": "^2.0.0",
     "v8-to-istanbul": "^8.1.0"
diff --git a/packages/jest-reporters/src/CoverageReporter.ts b/packages/jest-reporters/src/CoverageReporter.ts
index 63da91389719..edb052bde935 100644
--- a/packages/jest-reporters/src/CoverageReporter.ts
+++ b/packages/jest-reporters/src/CoverageReporter.ts
@@ -7,6 +7,7 @@
 
 import * as path from 'path';
 import {mergeProcessCovs} from '@bcoe/v8-coverage';
+import type {RawSourceMap} from '@cspotcode/source-map-consumer';
 import chalk = require('chalk');
 import glob = require('glob');
 import * as fs from 'graceful-fs';
@@ -14,7 +15,6 @@ import istanbulCoverage = require('istanbul-lib-coverage');
 import istanbulReport = require('istanbul-lib-report');
 import libSourceMaps = require('istanbul-lib-source-maps');
 import istanbulReports = require('istanbul-reports');
-import type {RawSourceMap} from 'source-map';
 import v8toIstanbul = require('v8-to-istanbul');
 import type {
   AggregatedResult,
@@ -34,12 +34,6 @@ import type {
   Test,
 } from './types';
 
-// This is fixed in a newer versions of source-map, but our dependencies are still stuck on old versions
-interface FixedRawSourceMap extends Omit<RawSourceMap, 'version'> {
-  version: number;
-  file?: string;
-}
-
 const FAIL_COLOR = chalk.bold.red;
 const RUNNING_TEST_COLOR = chalk.bold.dim;
 
@@ -442,7 +436,7 @@ export default class CoverageReporter extends BaseReporter {
         mergedCoverages.result.map(async res => {
           const fileTransform = fileTransforms.get(res.url);
 
-          let sourcemapContent: FixedRawSourceMap | undefined = undefined;
+          let sourcemapContent: RawSourceMap | undefined = undefined;
 
           if (
             fileTransform?.sourceMapPath &&
@@ -461,6 +455,7 @@ export default class CoverageReporter extends BaseReporter {
                   originalSource: fileTransform.originalCode,
                   source: fileTransform.code,
                   sourceMap: {
+                    // @ts-expect-error sourcemapContent has non-optional `file` property; TS thinks we are always overwriting `file: res.url`
                     sourcemap: {file: res.url, ...sourcemapContent},
                   },
                 }
diff --git a/packages/jest-source-map/package.json b/packages/jest-source-map/package.json
index 7255bc167428..f8469bd60245 100644
--- a/packages/jest-source-map/package.json
+++ b/packages/jest-source-map/package.json
@@ -17,9 +17,9 @@
     "./package.json": "./package.json"
   },
   "dependencies": {
+    "@cspotcode/source-map-consumer": "0.8.0",
     "callsites": "^3.0.0",
-    "graceful-fs": "^4.2.9",
-    "source-map": "^0.6.0"
+    "graceful-fs": "^4.2.9"
   },
   "devDependencies": {
     "@types/graceful-fs": "^4.1.2"
diff --git a/packages/jest-source-map/src/__tests__/getCallsite.test.ts b/packages/jest-source-map/src/__tests__/getCallsite.test.ts
index 1ff293058e83..26259fd44963 100644
--- a/packages/jest-source-map/src/__tests__/getCallsite.test.ts
+++ b/packages/jest-source-map/src/__tests__/getCallsite.test.ts
@@ -5,8 +5,8 @@
  * LICENSE file in the root directory of this source tree.
  */
 
+import SourceMap from '@cspotcode/source-map-consumer';
 import * as fs from 'graceful-fs';
-import SourceMap from 'source-map';
 import getCallsite from '../getCallsite';
 
 // Node 10.5.x compatibility
diff --git a/packages/jest-source-map/src/getCallsite.ts b/packages/jest-source-map/src/getCallsite.ts
index 44d4420fb201..4039f4a8cd83 100644
--- a/packages/jest-source-map/src/getCallsite.ts
+++ b/packages/jest-source-map/src/getCallsite.ts
@@ -5,9 +5,9 @@
  * LICENSE file in the root directory of this source tree.
  */
 
+import {SourceMapConsumer} from '@cspotcode/source-map-consumer';
 import callsites = require('callsites');
 import {readFileSync} from 'graceful-fs';
-import {SourceMapConsumer} from 'source-map';
 import type {SourceMapRegistry} from './types';
 
 // Copied from https://github.com/rexxars/sourcemap-decorate-callsites/blob/5b9735a156964973a75dc62fd2c7f0c1975458e8/lib/index.js#L113-L158
@@ -57,7 +57,6 @@ export default function getCallsite(
   if (sourceMapFileName) {
     try {
       const sourceMap = readFileSync(sourceMapFileName, 'utf8');
-      // @ts-expect-error: Not allowed to pass string
       addSourceMapConsumer(stack, new SourceMapConsumer(sourceMap));
     } catch {
       // ignore
diff --git a/packages/jest-transform/package.json b/packages/jest-transform/package.json
index 42a0bf542d36..9a93635dbbd0 100644
--- a/packages/jest-transform/package.json
+++ b/packages/jest-transform/package.json
@@ -18,6 +18,7 @@
   },
   "dependencies": {
     "@babel/core": "^7.1.0",
+    "@cspotcode/source-map-consumer": "0.8.0",
     "@jest/types": "^28.0.0-alpha.4",
     "babel-plugin-istanbul": "^6.1.1",
     "chalk": "^4.0.0",
@@ -30,7 +31,6 @@
     "micromatch": "^4.0.4",
     "pirates": "^4.0.4",
     "slash": "^3.0.0",
-    "source-map": "^0.6.1",
     "write-file-atomic": "^4.0.1"
   },
   "devDependencies": {
diff --git a/packages/jest-transform/src/types.ts b/packages/jest-transform/src/types.ts
index 1d28cbdb30ea..1e76618618a1 100644
--- a/packages/jest-transform/src/types.ts
+++ b/packages/jest-transform/src/types.ts
@@ -5,7 +5,7 @@
  * LICENSE file in the root directory of this source tree.
  */
 
-import type {RawSourceMap} from 'source-map';
+import type {RawSourceMap} from '@cspotcode/source-map-consumer';
 import type {Config, TransformTypes} from '@jest/types';
 
 export interface ShouldInstrumentOptions
diff --git a/yarn.lock b/yarn.lock
index 272107a74841..861de5a92982 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2727,6 +2727,7 @@ __metadata:
   resolution: "@jest/reporters@workspace:packages/jest-reporters"
   dependencies:
     "@bcoe/v8-coverage": ^0.2.3
+    "@cspotcode/source-map-consumer": 0.8.0
     "@jest/console": ^28.0.0-alpha.4
     "@jest/test-result": ^28.0.0-alpha.4
     "@jest/test-utils": ^28.0.0-alpha.4
@@ -2758,7 +2759,6 @@ __metadata:
     jest-worker: ^28.0.0-alpha.4
     mock-fs: ^5.1.2
     slash: ^3.0.0
-    source-map: ^0.6.0
     string-length: ^4.0.1
     strip-ansi: ^6.0.0
     terminal-link: ^2.0.0
@@ -2783,10 +2783,10 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "@jest/source-map@workspace:packages/jest-source-map"
   dependencies:
+    "@cspotcode/source-map-consumer": 0.8.0
     "@types/graceful-fs": ^4.1.2
     callsites: ^3.0.0
     graceful-fs: ^4.2.9
-    source-map: ^0.6.0
   languageName: unknown
   linkType: soft
 
@@ -2844,6 +2844,7 @@ __metadata:
   resolution: "@jest/transform@workspace:packages/jest-transform"
   dependencies:
     "@babel/core": ^7.1.0
+    "@cspotcode/source-map-consumer": 0.8.0
     "@jest/test-utils": ^28.0.0-alpha.4
     "@jest/types": ^28.0.0-alpha.4
     "@types/babel__core": ^7.1.0
@@ -2864,7 +2865,6 @@ __metadata:
     micromatch: ^4.0.4
     pirates: ^4.0.4
     slash: ^3.0.0
-    source-map: ^0.6.1
     write-file-atomic: ^4.0.1
   languageName: unknown
   linkType: soft