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Back in May of this year, shortly before cancelling a number of projects and shutting down studios, Microsoft had raised prices on Xbox Series X/S consoles. Now just a few months later, Microsoft is hiking up prices once again, meaning an Xbox Series X will soon cost $650 as standard.
Depending on the model, the latest price rises will see products being anywhere from $20 to $70 more expensive. The really telling part is the fact that an Xbox Series X will now cost $650 in the US, after launching at the $499 price point five years ago.
In the table below you can see a comparison between the ‘current' price and the new price once the changes go into effect:
| Console Model | Old Price | New Price | Increase |
|---|---|---|---|
| Xbox Series S 512GB | $379.99 | $399.99 | +$20 |
| Xbox Series S 1TB | $429.99 | $449.99 | +$20 |
| Xbox Series X Digital | $549.99 | $599.99 | +$50 |
| Xbox Series X | $599.99 | $649.99 | +$50 |
| Xbox Series X 2TB Galaxy Black Special Ed. | $729.99 | $799.99 | +$70 |
Microsoft cites “changes in the economic environment” as the cause behind this latest price hike. Speculation puts the blame on the US government's import tariffs, as the price hike is only impacting US customers at this time.
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KitGuru Says: This has been the weirdest console generation of my lifetime. Both the Xbox Series X and the PS5 are more expensive than they were at launch, despite being five years into the generation. On top of that, we'll soon be moving on to next generation Xbox and PlayStation consoles within the next two years.
