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Xbox Series X|S just got hit with another price increase, effective August 1st
Xbox Series S 512GB – $500
Xbox Series X 1TB – $750
Xbox Series X 1TB + Disk Drive – $800
“Effective August 1, 2026, the price of XBOX consoles will increase by US$100 for 512 GB models and US$150 for 1 TB models. We will be updating prices worldwide. We will also be sunsetting our 2 TB model.” XBOX is increasing the price of the XBOX Series X|S consoles starting in August
Xbox Series S 512GB: $399 — $499
Xbox Series S 1TB: $449 — $599
Xbox Series X 1TB: $649 — $800
Xbox Series X 1TB Digital: $599 — $750
Safe to say if you need a PS5/Xbox for GTA 6, buy now rather than later. It’s going to get worse. Effective August 1, 2026, we will be updating prices worldwide. The price of XBOX consoles will increase by US$100 for 512 GB models and US$150 for 1 TB models. We will also be sunsetting our 2 TB model.
Last October, we increased XBOX console price by $20-$70 in the U.S. We hoped another price increase would not be necessary, and we have spent the last several months working with suppliers on options. Unfortunately, console storage and memory prices have increased by more than 2.5x and we expect another doubling by the fall of 2027. The entire consumer electronics industry is struggling with the current components crisis, but the effects are particularly hard on consoles. Unlike phones, computers, speakers, and other consumer devices, consoles are typically not sold at a profit, but instead for less than they cost to make.
