Microsoft Increases Xbox Console Prices Effective August 1st

Microsoft announced an increase in the prices of its Xbox consoles, effective August 1st. The price for the 512GB models will rise by $100, while the 1TB models will see an increase of $150. Consequently, the Xbox Series S will start at $499.99, the Xbox Series X without a disc drive will be priced at $749.99, and the Series X with a disc drive will be available for $799.99. Additionally, Microsoft will discontinue the 2TB Xbox Series X model. This follows a previous price increase in October, where prices rose by $20 to $70. Microsoft cited a significant increase in console storage and memory prices, which have risen more than 2.5 times, with expectations of further increases by fall 2027.