Xbox Console Pricing Increased in the US by Up to USD 150; Buy Now, Pay Later and More Programs Announced

The price hike situation appears to be getting out of hand now, and with the AI sector booming, several tech brands have already started revising the prices of their products. Apple had also recently joined the price hike race by increasing the prices of several of its gadgets, and now Microsoft has also increased the pricing of its Xbox consoles in the US market.
Read more about the update below.
Microsoft Xbox Console Prices Increased in the US Market; New Programs Also Announced
Microsoft has now revised the pricing of its Xbox consoles in the US market, and as per what has been shared, the price hike goes up to USD 150. Along with this, the company has also announced several new programs in order to make Xbox hardware purchases more accessible for players.
Coming to the new US pricing, the Xbox Series S 512GB variant is now priced at USD 499.99, following a price hike of USD 100. The Xbox Series S 1TB variant has also received the same USD 100 price hike, and its new price is now listed as USD 549.99.
About the Xbox Series X Digital model, it has received a bigger price hike of USD 150, and is now priced at USD 749.99. The standard Xbox Series X console has also received a USD 150 price hike, taking its new price to USD 799.99 in the US market.
| Console | New US Price | Price Hike |
|---|---|---|
| Xbox Series S 512GB | USD 499.99 | USD 100 |
| Xbox Series S 1TB | USD 549.99 | USD 100 |
| Xbox Series X Digital | USD 749.99 | USD 150 |
| Xbox Series X | USD 799.99 | USD 150 |
Speaking more, Microsoft has also made it easier for players to use Buy Now, Pay Later options on eligible Xbox hardware purchases through Microsoft Stores. With this, players will be able to break up their payment into predictable short-term and interest-free installments.
Furthermore, the company is also working with partners to let players purchase eligible Xbox hardware at 0% APR financing for up to 12 months. This will offer more flexibility to players with lower monthly payments and better budgeting control.
Another program announced is related to previously played consoles. Microsoft has mentioned that it is working with retail partners on new programs to provide previously played consoles at lower prices. Players who are ready to upgrade or no longer use their consoles will be able to trade them in with participating retail partners for cash or store credit. These consoles will then be made available at lower prices for other players.
Additionally, Xbox Certified Refurbished Consoles are also available at Microsoft Stores for up to USD 100 off MSRP.
Looking into previous updates, back in March, Sony had also announced a price hike for its PlayStation gaming consoles as well. With the AI sector booming and hardware prices seemingly going up, such price hikes now seem inevitable. However, the main question that still remains is when exactly this price hike race will stop.
Stay tuned for more updates.