Xbox Prices Are Going Up on August 1

Buying a new Xbox before August 1, 2026 could save you up to $150.

💰 How Xbox Prices Are Changing

Microsoft says console prices are increasing worldwide from that date. The changes vary by storage size, and the 2TB model is now gone:

Console	Price Change
512GB Xbox models	+$100
1TB Xbox models	+$150
2TB Xbox model	Being discontinued

The Series S 512GB is expected to cost $499.99. The Series X with a disc drive is expected to reach $799.99.

The Series X launched at $499 in 2020, and we thought that was expensive. The new price is a major jump for a console already several years into its generation.

🧠 Why Memory and Storage Costs Matter

Microsoft says higher memory and storage costs are behind the increase. 😞 Reuters reported that those prices have already risen sharply, with more pressure expected through fall 2027.

Modern games need more RAM and storage than older console games. Large open-world games, 4K textures, live-service updates, and downloadable content can quickly fill a 512GB or 1TB drive.

🕹️ Refurbished Consoles Might Be the New Meta

If you want an Xbox without paying an arm and a leg, compare refurbished and used options.

Microsoft sells Certified Refurbished Series S and Series X consoles through its online store. They are tested, cleaned, and sold for less than new models when stock is available. Be quick about it, though, because everyone is thinking the same thing.

Other options to compare include:

Retailer bundles can include games or accessories.
Trusted stores may sell used consoles.
Trade-in offers can use your older hardware.
Holiday sales may offer deals after the August increase.
Game Pass on PC is an alternative to buying a console.

Store prices can vary. Compare the full cost of the console, storage, games, and accessories rather than just the sticker price.

FAQ

Can a console with less storage cost more over time?

Yes. Gamers who run out of space may need to buy expansion cards or external drives, adding to the total cost.

🎯 Do Series X or Series S owners need to rush into an upgrade?

No. Your current console, games, cloud saves, and Game Pass library will still work.

If you plan to buy soon, compare prices before August 1. A new console at the old price, a refurbished model, or a bundle with a game may be a better deal than waiting.

Would you still buy an Xbox at the new price?