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Here's what you need to know about the Xbox price increase as UK prices are confirmed

The UK price increase means that UK buyers are now paying considerably more for the console than US buyers.

The Xbox Series X/S family of consoles with the moon in the background.

Xbox

Published: Monday, 3 August 2026 at 9:29 am

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The gaming industry is abuzz , thanks to the unveiling of the new UK and European prices for the Xbox Series S and Series X consoles.

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The price hike has taken place across the globe, after a similar increase was seen last year.

Alongside this announcement, Microsoft revealed that the 2TB Xbox consoles will be discontinued.

This news means that Xbox are following in the footsteps of PlayStation, who raised the price of the PS5 in March of this year.

We've rounded up everything you need to know about this latest news from Microsoft.

Here's how you can save on Xbox Game Pass Ultimate.

Jump to:

When will the Xbox increase in price?

The Xbox price hike came into effect on 1 August 2026.

Why is Microsoft raising Xbox prices UK?

In a public statement, Xbox revealed that prices are increasing due to "the current components crisis", in which the parts used to make the Xbox consoles have risen in price.

This has then resulted in an increase in manufacturer prices.

The statement continued: "We hoped another price increase would not be necessary, and we have spent the last several months working with suppliers on options.

"Unfortunately, console storage and memory prices have increased by more than 2.5x, and we expect another doubling by the fall of 2027."

How much is the Xbox Series S price increase?

white xbox series s

Xbox Series S Currys

The Xbox Series S 512GB has went from £299.99 to £429.99, and the 1TB model increased from £349.99 to £519.99.

How much is the Xbox Series X price increase?

In the UK, the Series X disc model has increased from £449.99 to £669.99, which converts to around $903. This means that UK buyers are paying around 12% more than US buyers, as the US market price has increased to $799.99.

The Xbox Series X digital model has increased from £449 to £619.

There is currently no Xbox Series X 512GB model.

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If you're looking for ways to save on gaming, check out our roundup of the best PS5 deals and the best Nintendo Switch 2 deals.

Authors

Joanna Magill

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