Microsoft is raising the price of Xbox consoles worldwide starting August 1, 2026.
According to Xbox, 512 GB console models will increase by $100, while 1 TB models will increase by $150. Microsoft also said it will discontinue its 2 TB Xbox model.
The company pointed to rising storage and memory costs as part of the reason for the increase. The move marks another price hike for Xbox hardware, with several outlets noting that Xbox consoles have already seen multiple increases over the past year.