Xbox Series X 1TB rises to $799.99 on August 1; Series S 512GB moves to $499.99

Xbox console prices change on August 1. The Microsoft post shared on r/Games says the Xbox Series S 512GB moves from $399.99 to $499.99, the Series S 1TB from $449.99 to $599.99, the Xbox Series X 1TB Digital from $599.99 to $749.99, and the Xbox Series X 1TB from $649.99 to $799.99.

Microsoft frames the move as a $100 increase for 512GB models and a $150 increase for 1TB models. The 2TB model is being sunset. The company says U.S. prices already rose by $20-$70 last October, and points to console storage and memory prices rising more than 2.5x, with another doubling expected by fall 2027.

For players, the immediate issue is replacement cost rather than a new release. Microsoft is pairing the new pricing with Buy Now, Pay Later options, partner financing at 0% APR for up to 12 months, trade-in and previously played console programs, and certified refurbished consoles through Microsoft Stores. Availability and credit terms vary by region.

The Reddit thread focused on the actual shelf prices. One user summarized the launch-to-current jump as Series S from $300 to $500 and Series X from $500 to $800, while several comments compared the new Series S price with Switch 2 or older PS5 bundles. The discussion also turned to whether higher memory costs will push next-generation console prices up.