In recent times, costs for various goods have surged, and video games are no exception to this trend. A notable example is Microsoft’s recent decision to raise the recommended retail prices for its gaming products. Starting today, May 1, both Xbox consoles and games will see a noticeable increase in pricing.

For a comprehensive list of these price adjustments, refer to Microsoft’s official announcement. Particularly for U.S. gamers, the following are the updated prices for Xbox products, alongside the original prices as reported by IGN where applicable:

Updated Pricing for Xbox Consoles

• Xbox Series S 512GB: $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 Black Special Edition: $729.99 (previously $599.99)

Price Changes for Xbox Controllers and Headsets

• 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 Wireless Controller (Core): $64.99

• Xbox Wireless Controller (Color): $69.99

• Xbox Wireless Controller – Special Edition: $79.99

• Xbox Stereo Headset: $64.99

Upcoming Price Increases for Xbox Games

While Microsoft has not detailed which games will see an increase, they did mention that some new first-party titles will have a price tag of $79.99 this holiday season. This matches the price point for premium games on the upcoming Switch 2, such as Mario Kart World, indicating that $80 may become the new norm for AAA video games.

It’s also worth noting that pricing for Xbox Game Pass remains unchanged for now, as confirmed by the company.

Reasons Behind Microsoft’s Price Adjustments

According to Microsoft, the increase in MSRP is attributed to “market conditions and surging development costs.” However, many observers speculate that recent tariffs imposed during the previous administration could be a significant factor affecting these market conditions. Although Microsoft has not explicitly cited tariffs as a reason, it’s clear that these duties greatly influence pricing landscapes.

Microsoft is not the only player in the gaming sector to implement price hikes. Sony has adjusted the prices of its PS5 consoles in several markets, notably excluding the U.S. Likewise, Nintendo has also raised the costs for Switch 2 accessories but has maintained the console’s price at $449.99.