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Here’s how bad Microsoft’s latest XBOX price hike is going to hurt

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Why This Matters

Microsoft's upcoming price hike for Xbox consoles in August 2026 signifies ongoing impacts of the global component shortage on the gaming industry, potentially making gaming hardware less accessible for consumers. This trend of increasing prices could influence market competition and consumer purchasing decisions, highlighting the need for industry adaptation to supply chain challenges.

Key Takeaways

Adamya Sharma / Android Authority

TL;DR Microsoft has announced it will raise the prices of XBOX consoles on August 1, 2026.

The price tag on the 512GB models will increase by $100, while the 1TB models will cost $150 more.

Microsoft will be discontinuing the 2TB models.

Although there were plenty of rumors suggesting the Steam Machine would be quite expensive, that didn’t stop the sticker shock that followed when Valve finally announced the official price. Of course, the current component crisis played a big role in deciding the price point Valve landed on. That same crisis is also being felt on the console side, as Nintendo, Sony, and Microsoft have all been incrementally raising the prices of their hardware. The latest development in this ongoing situation will see yet another price hike for the XBOX.

Microsoft has announced that it plans to update the prices of the XBOX Series X and Series S worldwide on August 1, 2026. The 512GB models will see an increase of $100, while the 1TB models will go up by $150. In addition to the price hikes, Microsoft says that it will also start sunsetting its 2TB model.

Here will be the new prices in the US starting at the beginning of August:

Old New Xbox Series S (512GB)

Old $399

New $499

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