Microsoft’s worldwide Xbox console price increase took effect on August 1, 2026. According to an official Xbox notice published on June 25, prices are rising by US$100 for models with 512 GB of storage and by US$150 for 1 TB models. The company also said that it would sunset its 2 TB console model.
What does the official Xbox notice confirm?
The Xbox statement is brief and centers on three confirmed changes. First, the update applies to console pricing worldwide rather than to one market. Second, the size of the increase is organized by storage capacity: US$100 for 512 GB models and US$150 for 1 TB models. Third, the 2 TB model is being removed from the product range. The notice does not announce a separate change for games, subscriptions, or accessories, so the documented scope is console hardware.
With the August 1 effective date now passed, the revised prices have started appearing in regional listings. The Verge compared current prices in the European Union and the United Kingdom in a report published on August 2. It reported increases of as much as €200 in the EU and £170 in the UK, depending on the model. The same report listed the new price of the 1 TB Xbox Series X with a disc drive at €799.99 in the EU and £669.99 in the UK.
How are the 512 GB and 1 TB groups separated?
The official wording classifies the increases by storage capacity before individual model configuration. Consoles in the 512 GB group receive the US$100 increase, while consoles in the 1 TB group receive the US$150 increase. The regional table published by The Verge shows that final list prices can still differ among models that have different hardware configurations. The announced increase and the total price shown by a regional store are therefore separate figures. A comparison needs to identify both storage capacity and the exact console version.
Reuters reported on June 25 that Microsoft linked the decision to rising costs for storage and memory components. Reuters also independently confirmed the global scope of the update, the different increases for 512 GB and 1 TB models, and the planned end of the 2 TB model. Those core elements are consistent across the company’s own announcement and independent coverage.
What happens to the 2 TB model?
Xbox did not announce a new price for the 2 TB model. Instead, its notice says the company is sunsetting that configuration. The announcement does not provide a detailed timetable for when remaining stock will disappear or state that every regional listing will be removed on the same day. The narrow confirmed point is that the 2 TB version is being taken out of the lineup.
This is a list-price update for the existing Xbox console family, not the introduction of a new console generation. As of August 1, 2026, the reliably documented framework is a US$100 increase for 512 GB models, a US$150 increase for 1 TB models, and the discontinuation of the 2 TB model. Current amounts displayed in local currencies should be checked through official or authorized regional sales pages because the Xbox announcement presents the change primarily through capacity-based increases rather than a single worldwide retail-price table.
