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Microsoft has announced a significant price increase for its Xbox consoles globally, coupled with plans to raise premium game prices to $80 later this year. The company cited “market conditions and the rising cost of development” as key factors behind these changes.
“We understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development,” Microsoft stated to IGN. “Looking ahead, we continue to focus on offering more ways to play more games across any screen and ensuring value for Xbox players.”
US customers will see some of the most dramatic increases, with the Xbox Series X jumping $100 to $599.99 (previously $499.99) and the Series S increasing by $80 to $379.99 (from $299.99). The newly introduced Xbox Series X Digital model will now cost $549.99, up from its $449.99 launch price.
The UK market appears less severely affected, with the Xbox Series X seeing only a £20 increase to £499.99, while the Series S rises by £50 to £299.99. European customers will also experience price hikes, with the Series X increasing by €50 to €599.99 and the Series S rising by the same amount to €349.99.
Detailed Price Breakdown
US Market Changes:
- Xbox Series S 512GB: $379.99 (up $80)
- Xbox Series S 1TB: $429.99 (up $80)
- Xbox Series X Digital: $549.99 (up $100)
- Xbox Series X: $599.99 (up $100)
- Xbox Series X 2TB Galaxy Black: $729.99 (up $130)
UK Market Changes:
- Xbox Series S 512GB: £299.99 (up £50)
- Xbox Series S 1TB: £349.99 (up £50)
- Xbox Series X Digital: £449.99 (up £20)
- Xbox Series X: £499.99 (up £20)
- Xbox Series X 2TB Galaxy Black: £589.99 (up £40)
European Market Changes:
- Xbox Series S 512GB: €349.99 (up €50)
- Xbox Series S 1TB: €399.99 (up €50)
- Xbox Series X Digital: €549.99 (up €50)
- Xbox Series X: €599.99 (up €50)
- Xbox Series X 2TB Galaxy Black: €699.99 (up €50)
Selected peripherals have also seen price increases, including Special Edition controllers and the Elite Wireless Controller Series 2.
Microsoft’s announcement continues a pattern of price increase across the gaming industry. Sony recently raised the price of its PS5 Digital Edition by €50 in Europe (to €499.99) and £40 in the UK (to £429.99). This marks Sony’s second price increase for the Digital Edition, which has now risen by €100 and £70 respectively since its launch.
The move to $80 games also follows an industry trend toward higher-priced premium titles as development costs continue to rise.
