In a nutshell

• Price hike effective August 1, 2026: +$100 for 512 GB, +$150 for 1 TB models.
• 2 TB model discontinued, leaving 512 GB and 1 TB options.
• Accessibility programs launched: Buy Now, Pay Later, 0% financing, trade‑ins, and refurbished consoles.

Microsoft has announced that, starting August 1, 2026, Xbox console prices will rise worldwide once again, following two price increases last year. The 512 GB models will increase by $100, while the 1 TB models will increase by $150.

Additionally, the 2 TB model will be sunset, narrowing the lineup to two storage options.

Xbox Raises Prices AGAIN

According to Xbox, the decision stems from a 2.5x surge in storage and memory costs, with another doubling expected by late 2027. Unlike other consumer electronics, consoles are often sold at a loss, making the rising component crisis particularly challenging for the industry.

The new prices are now as follows:

• Series S 512GB: $399 –> $499
• Series S 1TB: $449 –> $599
• Series X 1TB: $649 –> $800
• Series X 1TB Digital: $599 –> $750

New Programs to Ease the Impact

To soften the blow, Microsoft is rolling out several accessibility initiatives:

• Buy Now, Pay Later options via Microsoft Stores.
• 0% APR financing for up to 12 months.
• Trade‑in programs with retail partners for cash or credit.
• Certified refurbished consoles at up to $100 off MSRP.