Xbox Series X/S gets major price increase; Expect another price increase in 2027
(Courtesy : Microsoft Xbox)
The gaming has become too expensive
Microsoft has officially announced that they are increasing the price of its consoles, Xbox Series X/S, for the second time in less than a year.
Starting from August 1, Series X and S will become more expensive and one model is going to be discontinued. Let’s check out more details in this article.
New Xbox Series X/S prices
According to Microsoft, here are the official new prices for their hardware:
- Xbox Series X 1TB (Disc Edition) – $799.99
- Xbox Series X 1TB (Digital Edition) – $749.99
- Xbox Series S 1TB – $599.99
- Xbox Series S 512GB – $499.99
The company has also confirmed that the 2TB model will be discontinued. This new pricing will start to take effect from August 1, 2026.
Also Read: Compulsion Games & Arcane Studio reportedly at risk of closure
Reasons behind the price hike
Microsoft has blamed this on the increased cost of storage and memory components, which have increased 2.5 times compared to the previous years.
The company is also expecting these prices to be increased by double again in Fall 2027. This follows a previous Xbox price increase in late 2025, when console prices rose between $20 and $70 depending on the model.
Payment options
To help the fans and gamers with the higher pricing, Microsoft is introducing several purchasing options:
- Buy Now, Pay Later through the Microsoft Store with interest-free installment plans.
- 0% APR financing on eligible Xbox purchases through Amazon.
- Certified Refurbished Xbox consoles available at discounted prices through the Microsoft Store.
- Trade-in and upgrade programs at participating retailers, allowing players to exchange older consoles for store credit or cash.
When do the new Xbox console prices take effect?
The updated Xbox console prices will officially take effect on August 1, 2026.
How much will the Xbox Series X cost after the price increase?
The Xbox Series X 1TB Disc Edition will retail for $799.99, while the Digital Edition will cost $749.99.
Why is Microsoft increasing Xbox console prices?
Microsoft says rising costs for storage and memory components, which have increased by more than 2.5 times, are the primary reason behind the latest price hike.
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Mahaksh Chauhan is a passionate gaming journalist who loves for old-school RPGs and turn-based games. With a keen eye for storytelling and a deep understanding of game mechanics, Mahaksh brings an unique perspective to the world of gaming. Inspired by classics like Persona, Red Dead Redemption 2, and Skyrim, Mahaksh is dedicated in sharing the magic of games with readers. When not writing or gaming, Mahaksh can be found cheering on WWE superstars or watching his favourite Anime.