Xbox Console Prices Rise Again, 2TB Model Discontinued
Microsoft is increasing the prices of its Xbox Series X and S consoles globally starting August 1st. This price hike, attributed to rising component and memory costs, will see 512GB models increase by $100 and 1TB models by $150. The company is also discontinuing the 2TB Xbox Series X model and exploring new purchasing options.
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Microsoft Is Increasing The Cost Of Xbox Consoles, Again, Starting In August
Microsoft is increasing the price of its Xbox Series S and Xbox Series X consoles again, effective August 1. The 512 GB Series S will rise by $100 to $500, and the 1 TB Series X will increase by $150 to $800, attributed to rising component and memory costs. The company is also discontinuing 2 TB models and introducing new financing and refurbished options to improve accessibility.
Xbox console prices are about to rise for the second time in a year, just before GTA VI launches — so you really don't want to miss this Xbox Series X deal at Walmart while it lasts
Microsoft has announced that the prices for Xbox Series X and Series S consoles will increase by $100 and $150 respectively, effective August 1, 2026. The company will also discontinue its 2 TB model. This price hike comes shortly before the launch of Grand Theft Auto VI, with a current Walmart deal offering a discount on the 1 TB Xbox Series X model.
Updated XBOX Console Prices
Microsoft is increasing the worldwide prices of Xbox consoles effective August 1, 2026, with 512 GB models rising by US$100 and 1 TB models by US$150, while the 2 TB model will be discontinued. This decision is attributed to rising storage and memory component costs. To mitigate the impact, Microsoft is also introducing enhanced Buy Now, Pay Later options, 0% APR financing through Amazon, and programs for previously played and certified refurbished consoles.