Microsoft raises prices of Xbox consoles, accessories, games: Series X 2TB $729, games now $80

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While Microsoft just reported the lowest quarterly hardware revenues of the Xbox Series generation, the company has now announced plans to increase prices even further.

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Today, Microsoft confirmed that it is raising the prices of Xbox consoles, accessories, and games in a response to the continued volatility of the US and worldwide economies. The price increases are worldwide and go into effect today for everything except video games--the new $80 price for first-party Xbox games goes into effect this holiday.

So what do the new prices look like? We've compiled a table for US prices (see above), and taking a quick look shows where Microsoft has adjusted its prices the most. On a percentage basis, updated Xbox pricing model most dramatically affected the Xbox Series S 512GB console, which has gone from $299 to $379, a hefty +27% price increase. But on a dollar basis, the Xbox Series X 2TB model sees the largest uptick in total price with a +$130 increase. This means the Xbox Series X 2TB Galaxy Black edition ($729) is now more expensive than a PlayStation 5 Pro ($699) in the United States.

Game Pass prices remain the same, but this could change in the coming months. Meanwhile, Xbox just reported its best-ever Q3 revenue with $5.721 billion earned from Jan - March 2025. Hardware, however, delivered the lowest revenue in the Xbox Series generation during Q3.

Microsoft has also confirmed that Xbox game prices will increase to $79.99 on a title-by-title basis, but expect big first-party games to reflect this new price across all platforms--even games released on Nintendo's new Switch 2 system.

This price hike to $80 also comes many months before the release of Microsoft's now-highest-profile game, Call of Duty. However, Call of Duty is not a Play Anywhere game, which makes Microsoft's following quotes all the more interesting:

As of May 1, we have adjusted recommended retailer pricing for our consoles and controllers worldwide. We also expect to adjust the pricing of some of our new, first-party games starting this holiday season to $79.99. Those titles purchased on the Xbox Store have the benefit of Xbox Play Anywhere, allowing players to buy once and play on console and PC at no additional cost.

We understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development. Looking ahead, we continue to focus on offering more ways to play more games across any screen and ensuring value for Xbox players.

• Beginning on May 1, we will adjust pricing on Xbox consoles and controllers in the Xbox Store and provide updated recommended pricing to local retailers.
• Some of our new, first-party games will launch at $79.99 beginning this holiday season.
• Xbox Series S and X availability may continue to change over time depending on the retailer and by country.
• Pricing for our headsets will change in the U.S. and Canada only. Some Xbox controllers, like our Adaptive Controller and Adaptive Joystick, will remain the same price.