- New prices take effect on 1 August 2026
- US increases are $100 for 512 GB models and $150 for 1 TB models
- The 2 TB Xbox console model is being discontinued
What is changing
Xbox says console prices will increase worldwide from 1 August. The official announcement gives US increases of $100 for 512 GB models and $150 for 1 TB models. Exact regional pricing can differ, so UK buyers should check the Microsoft Store and local retailers when the revised prices are published.
Why Xbox says prices are rising
The company says console storage and memory prices have increased by more than two-and-a-half times and may rise again. Xbox also notes that consoles are commonly sold at or below manufacturing cost rather than as high-margin devices.
Lower-cost purchase options
Xbox says it is expanding buy-now-pay-later options, interest-free financing through selected partners, trade-in programmes, previously played consoles and certified refurbished stock. Availability and eligibility will vary by country and retailer.
Read the original announcement on Xbox Wire