Microsoft has announced a significant price increase across its Xbox lineup, affecting consoles, controllers, headsets, and select games. Starting today, May 1, the new prices will be in effect globally, with the exception of headset price increases, which are limited to the U.S. and Canada. While game prices remain unchanged for now, Microsoft has indicated that new first-party titles could see a price jump to $79.99 during the upcoming holiday season.

Here's a look at the updated prices for Xbox products in the U.S.:

• Xbox Series S 512 - $379.99 (previously $299.99)
• Xbox Series S 1TB - $429.99 (previously $349.99)
• Xbox Series X Digital - $549.99 (previously $449.99)
• Xbox Series X - $599.99 (previously $499.99)
• Xbox Series X 2TB Galaxy Special Edition - $729.99 (previously $599.99)
• Xbox Wireless Controller (Core) - $64.99
• Xbox Wireless Controller (Color) - $69.99
• Xbox Wireless Controller - Special Edition - $79.99
• Xbox Wireless Controller - Limited Edition - $89.99 (previously $79.99)
• Xbox Elite Wireless Controller Series 2 (Core) - $149.99 (previously $139.99)
• Xbox Elite Wireless Controller Series 2 (Full) - $199.99 (previously $179.99)
• Xbox Stereo Headset - $64.99
• Xbox Wireless Headset - $119.99 (previously $109.99)

For a comprehensive list of price changes by region, you can visit the official Xbox announcement page here.

Microsoft provided IGN with a statement explaining the rationale behind these price hikes:

“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.”

While it's unclear which specific first-party titles will see the $80 price tag, potential candidates include the next mainline Call of Duty, the delayed Fable (now set for 2026), the Perfect Dark reboot, inXile’s Clockwork Revolution, Rare's Everwild, The Coalition's Gears of War: E-Day, Hideo Kojima’s OD, and Undead Labs' State of Decay 3. Additionally, Double Fine is working on a new game that could also be part of this lineup.

More details about upcoming titles and pricing may be revealed at the Xbox Games Showcase 2025 and The Outer Worlds 2 Direct, both scheduled for June.

This marks the first price increase for Xbox Series S consoles since their launch in 2020. Microsoft had previously committed to maintaining existing prices in 2022 when PlayStation raised PS5 prices, but it did increase Xbox Series X prices in 2023 in most countries, excluding the U.S. Additionally, Xbox Game Pass has seen multiple global price increases.

Microsoft's decision to raise prices follows a trend in the gaming industry, with PlayStation recently increasing prices in the UK, Europe, Australia, and New Zealand. Over the past few years, AAA game prices have risen from $60 to $70, and Nintendo has set a $80 price point for some upcoming Switch 2 exclusives, including Mario Kart World. The Switch 2 itself is set to launch at $450, a move that has drawn criticism from fans but was deemed inevitable by analysts given current economic conditions.

Nintendo's pricing strategy was further complicated by fluctuating tariffs in the U.S., leading to a reevaluation of console and accessory prices. Despite sticking with the $450 price for the console, accessory prices were affected. Analysts and the Entertainment Software Association have warned that these economic pressures could lead to further price increases across the industry, impacting gamers regardless of their preferred platform.

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