video games

Xbox raises prices on consoles and accessories due to β€˜market conditions'

The Microsoft-owned video game platform announced that the price increases went into effect May 1.

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Gaming is getting more expensive.

Xbox consoles and controllers went up in price Thursday in the wake of global tariffs that have resulted in higher costs for American consumers.

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β€œWe understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development,” the Microsoft-owned video game platform . β€œLooking ahead, we continue to focus on offering more ways to play more games across any screen and ensuring value for Xbox players.”

The company announced it worldwide on a range of consoles and accessories as of May 1 – with an $80 increase on Xbox Series S consoles and a $100 increase on Xbox Series X consoles. That includes the Xbox Series S 512 (now priced at $379.99), Xbox Series S 1TB ($429.99), Xbox Series X Digital ($549.99), Xbox Series X ($599.99), and Xbox Series X 2TB Galaxy Black Special Edition ($729.99).

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Wireless controllers now range from $64.99 to $199.99, and headsets in the United States and Canada will range from $64.99 to $119.99.

Xbox says it also plans to raise prices for some of its new first-party games to $79.99 starting this holiday season.

"Local pricing may differ across countries and platforms," a spokesperson for Microsoft wrote in an . "These differences reflect regional considerations including [foreign exchange] rates and market conditions."

The price increases came one day after President Donald Trump acknowledged that tariffs could result in costlier products in the U.S. Amid a shrinking economy, Trump attempted to reassure the country that his tariffs will not provoke a recession.

β€œYou know, somebody said, β€˜Oh, the shelves are going to be open,’” Trump said, offering a hypothetical. "Well, maybe the children will have two dolls instead of 30 dolls. So maybe the two dolls will cost a couple bucks more than they would normally.”

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