Xbox Raises Console Prices by Up to $150, Sunsets 2TB Model in August

3 articles · Updated · Insider Gaming · Jun 25

$100 to $150 price hikes will hit Xbox consoles on Aug. 1, 2026, lifting the Series X 1TB with disc to $799.99 and the Series S 512GB to $499.99 while ending the 2TB model.
Xbox said storage and memory costs have risen more than 2.5 times and could double again by fall 2027, after efforts to win better supplier terms failed.
The company said consoles are especially exposed because they are typically sold below manufacturing cost, even as the wider consumer electronics industry faces component pressure.
To soften the increase, Xbox is pushing installment plans, 0% financing, used-console programs and certified refurbished units with discounts of up to $100.
The move follows a smaller September 2025 increase of $20 to $70, making the latest round more than double the prior hikes.