XBOX hikes console prices by up to $150, 2TB model discontinued

Microsoft has announced that XBOX console prices will increase worldwide starting August 1, 2026. The company cited a global memory and storage cost crisis as the primary driver. XBOX’s announcement stated that console storage and memory prices have increased by more than 2.5x and another doubling is expected by the fall of 2027. Alongside the price hike, Microsoft confirmed it will be discontinuing the 2TB model entirely.

New XBOX Series X and Series S prices

The price increases vary by storage tier, with both Series S and Series X consoles increasing by the same amount.