Console Price Increase Tracker: PS5, Xbox and Switch 2

Updated: October 25, 2026

Consoles used to get cheaper as they got older. Since 2025 the opposite has happened, and this page tracks every console price increase in the US for PS5, Xbox Series X|S and Nintendo Switch 2, with the date, the old price, the new price and a link to the official announcement behind each one.

Console price increase line chart of US list prices on January 1 of each year since 2020, flat until 2025, with the Xbox Series X now at $799.99, the PS5 with disc at $649.99 and the Switch 2 at $499.99

The newest change is Nintendo’s, which took the Switch 2 from $449.99 to $499.99 on September 1, 2026, per Nintendo of America. Every figure below comes from Sony, Microsoft or Nintendo directly, and price changes and percentages are calculated from the official list prices. Last updated October 25, 2026.

⚡ Key Takeaways
  • The PS5 with disc drive now lists at $649.99, $150 more than its $499.99 launch price in 2020 (2020 price and 2026 price).
  • The Xbox Series X now lists at $799.99 after three US increases in 15 months, in May 2025, October 2025 and August 2026 (calculated from Xbox’s announced increases, matches xbox.com).
  • The Switch 2 now lists at $499.99 after its first US increase on September 1, 2026 (Nintendo).
  • The Xbox Series S 512GB and the Switch 2 now cost the same, $499.99 each (xbox.com and Nintendo).
  • The official announcements we track show no US list-price cut on any PS5, Xbox Series X|S or Switch 2 model since launch, only increases (latest PlayStation prices).

How Much Does Each Console Cost Right Now?

The cheapest new console in the US today is a tie. The Xbox Series S 512GB lists at $499.99 on xbox.com and the Nintendo Switch 2 lists at $499.99 per Nintendo, while the cheapest PS5, the Digital Edition, lists at $599.99 on the PlayStation Blog. The table shows every current model, its first official US price and how far it has risen since.

ModelFirst US list priceUS list price nowRise since launch
PS5 with disc drive$499.99, Nov 2020$649.99+$150 (+30%)
PS5 Digital Edition$399.99, Nov 2020$599.99+$200 (+50%)
PS5 Pro$699.99, Nov 2024$899.99+$200 (+29%)
Xbox Series X (1TB, disc)$499.99 (2024 lineup; $499 at Nov 2020 launch)$799.99+$300 (+60%)
Xbox Series X Digital (1TB)$449.99, 2024$749.99+$300 (+67%)
Xbox Series X 2TB Galaxy Black$599.99, 2024$799.99 (being discontinued)+$200 (+33%)
Xbox Series S (512GB)$299.99 (2024 lineup; $299 at Nov 2020 launch)$499.99+$200 (+67%)
Xbox Series S (1TB)$349.99, Sep 2023$599.99+$250 (+71%)
Nintendo Switch 2$449.99, Jun 2025$499.99+$50 (+11%)

Microsoft launched the Series X at $499 and the Series S at $299 in 2020 (Xbox Wire). Both appear as $499.99 and $299.99 in Xbox’s November 2024 lineup, so the table measures from those figures.

If you are deciding between the two big home consoles rather than tracking prices, our PS5 vs Xbox Series X guide compares what each one does for the money.

PS5 Price Increase History

Sony has raised the US price of the PS5 twice, on August 21, 2025 and on April 2, 2026, and each time all three models went up together (August 2025 announcement and March 2026 announcement). The PS5 with disc drive went from $499.99 to $549.99 and then to $649.99. Before that, the slim redesign in November 2023 kept the disc model at $499.99 but launched the new Digital Edition at $449.99, $50 above the original Digital Edition (PlayStation Blog).

ModelDateOld priceNew priceChange
PS5 with disc driveAug 21, 2025$499.99$549.99+$50
PS5 with disc driveApr 2, 2026$549.99$649.99+$100
PS5 Digital EditionNovember 2023 (new slim model)$399.99$449.99+$50
PS5 Digital EditionAug 21, 2025$449.99$499.99+$50
PS5 Digital EditionApr 2, 2026$499.99$599.99+$100
PS5 ProAug 21, 2025$699.99$749.99+$50
PS5 ProApr 2, 2026$749.99$899.99+$150
Console price increase line chart of every PS5 model on January 1 of each year and today, with the PS5 Pro at $899.99, the disc model at $649.99 and the Digital Edition at $599.99

PS5 With Disc Drive

The PS5 with disc drive launched on November 12, 2020 at $499.99 (PlayStation Blog) and held that price for almost five years, including through the 2023 slim redesign. It now lists at $649.99, a rise of $150 or 30% based on the April 2026 prices.

PS5 Digital Edition

The PS5 Digital Edition has risen the most of the three PlayStation models in percentage terms. It launched at $399.99 (PlayStation Blog), the slim Digital Edition replaced it at $449.99 in 2023, and the two price increases took it to $499.99 and then $599.99 (PlayStation Blog). That is $200 or 50% above the 2020 price.

PS5 Pro Price Increase

The PS5 Pro price increase has been the largest single step on any PS5 model. The Pro launched on November 7, 2024 at $699.99 (PlayStation Blog), went to $749.99 in August 2025 and jumped $150 to $899.99 on April 2, 2026 (PlayStation Blog). It ships without a disc drive, so the add-on drive is a separate purchase. Our PS5 Pro vs PS5 comparison covers whether the Pro is worth the gap over the standard model.

Sony raised the PlayStation Portal remote player in the same April 2026 announcement, to $249.99 (PlayStation Blog). The Portal is not a console, so it stays out of the tables.

Xbox Price Increase History

Microsoft has raised Xbox Series X|S prices three times in the US, on May 1, 2025, October 3, 2025 and August 1, 2026. The first two changes are listed model by model in Xbox’s own price sheets (May 2025 sheet and October 2025 sheet). The August 2026 change was announced as a flat rise of $100 for 512GB models and $150 for 1TB models (Xbox Wire), so the new prices in the table are calculated from Xbox’s announced increases on top of the October 2025 sheet. Each one matches what the Series X page and the Series S page list today.

ModelDateOld priceNew priceChange
Xbox Series X (1TB, disc)May 1, 2025$499.99$599.99+$100
Xbox Series X (1TB, disc)Oct 3, 2025$599.99$649.99+$50
Xbox Series X (1TB, disc)Aug 1, 2026$649.99$799.99*+$150
Xbox Series X Digital (1TB)May 1, 2025$449.99$549.99+$100
Xbox Series X Digital (1TB)Oct 3, 2025$549.99$599.99+$50
Xbox Series X Digital (1TB)Aug 1, 2026$599.99$749.99*+$150
Xbox Series X 2TB Galaxy BlackMay 1, 2025$599.99$729.99+$130
Xbox Series X 2TB Galaxy BlackOct 3, 2025$729.99$799.99+$70
Xbox Series X 2TB Galaxy BlackAug 1, 2026$799.99$799.99 (ending)None
Xbox Series S (512GB)May 1, 2025$299.99$379.99+$80
Xbox Series S (512GB)Oct 3, 2025$379.99$399.99+$20
Xbox Series S (512GB)Aug 1, 2026$399.99$499.99*+$100
Xbox Series S (1TB)May 1, 2025$349.99$429.99+$80
Xbox Series S (1TB)Oct 3, 2025$429.99$449.99+$20
Xbox Series S (1TB)Aug 1, 2026$449.99$599.99*+$150

*Calculated from the increases Xbox announced on June 25, 2026. Each matches the current price on xbox.com.

Console price increase line chart of the Xbox Series X and Series S models on January 1 of each year and today, now $799.99, $749.99, $599.99 and $499.99 in the US

Xbox Series X and Series X Digital

The Xbox Series X now lists at $799.99, $300 above the $499.99 it carried in Xbox’s 2024 lineup. The all-digital Series X went from $449.99 to $749.99 over the same three increases. Both rose $300, which is 60% for the disc model and 67% for the Digital, the largest dollar rises on this page (xbox.com).

Xbox Series S 512GB and 1TB

The Xbox Series S 512GB went from $299.99 to $499.99 and the Series S 1TB from $349.99 to $599.99 (xbox.com). The 1TB model’s $250 rise is 71% on its first price, the biggest percentage increase of any console here. Xbox still calls the Series S “the lowest-cost way for console players to enjoy the biggest hits this year”.

The 2TB Galaxy Black Edition Bows Out

The Xbox Series X 2TB Galaxy Black launched at $599.99 (Xbox Wire) and rose to $729.99 and then $799.99 in 2025 (October 2025 sheet). In June 2026 Xbox said it is sunsetting the 2TB model (Xbox Wire). It is still listed at $799.99 on xbox.com while stock lasts, which now matches the standard Series X.

One model sits outside the tables. The Series X25 Limited Edition lists at $899.99 on xbox.com, but it is a limited edition rather than a standard model with a price history.

Switch 2 Price Increase

Nintendo’s only Switch 2 price increase so far took the system from $449.99 to $499.99 on September 1, 2026, a change Nintendo of America announced on May 7, 2026 (Nintendo). The Switch 2 had launched on June 5, 2025 at $449.99 (Nintendo), and in April 2025, before launch, Nintendo confirmed the $449.99 price would stay unchanged (Nintendo). The rise is $50, or 11%, the smallest on this page.

ItemDateOld priceNew priceChange
Nintendo Switch 2Sep 1, 2026$449.99$499.99+$50
Switch 2 + Mario Kart World bundleLate Sep 2026$499.99$549.99 (new bundle with 3 months of Switch Online)Not like for like
Switch 2 + Switch Sports Resort bundleOct 22, 2026New$529.99 (nintendo.com)New bundle
Original Switch, OLED and LiteAug 3, 2025Not statedChanged, amounts not statedNot stated
Console price increase line chart of the Nintendo Switch 2 US list price, $449.99 at launch and on January 1, 2026, then $499.99 today

For the sales side of the same console, our Switch 2 sales page tracks Nintendo’s official unit numbers each quarter.

What Changed With the Switch 2 Bundles

The Switch 2 + Mario Kart World bundle cost $499.99 at launch (Nintendo). Nintendo’s late-September 2026 version costs $549.99 but adds a 3-month Nintendo Switch Online membership (Nintendo), so it is a new bundle rather than a straight increase on the old one. A second bundle with Nintendo Switch Sports Resort followed on October 22, 2026 at $529.99, also with the membership, and both prices appear on the Switch 2 system page.

The Original Switch’s Unpriced 2025 Change

Nintendo changed US prices for the original Switch, Switch OLED and Switch Lite on August 3, 2025, citing market conditions, but its announcement gave no amounts (Nintendo). For that reason the original Switch has no price figures here. In May 2026 Nintendo said pricing for the original Switch was not changing alongside the Switch 2 increase (Nintendo).

Which Console Price Increase Has Been the Biggest?

The biggest console price increase in dollars belongs to the Xbox Series X and Series X Digital, each up $300 since their first list prices, and the biggest in percentage terms to the Xbox Series S 1TB at 71%, based on the xbox.com Series X and Series S figures. The PS5 Digital Edition and PS5 Pro are each up $200 (PlayStation Blog), and the Switch 2 is up $50 (Nintendo).

Dumbbell chart of each console price increase from launch price to today, led by the Xbox Series X and Series X Digital at $300 each

Measured in percent instead of dollars, the Xbox Series S 1TB leads at 71% and the Switch 2 trails at 11%, based on the same official prices from xbox.com and Nintendo.

Bar chart of each console price increase since launch in percent, led by the Xbox Series S 1TB at 71 percent and the Switch 2 lowest at 11 percent

Counting the flagship models, the PS5 with disc drive has had two US list-price increases (Sony), the Xbox Series X three (Xbox) and the Switch 2 one (Nintendo).

Every model on this page now costs more than its first US list price.

Why the Console Makers Say Prices Went Up

Sony, Microsoft and Nintendo each gave a one-line reason in their own announcements. Sony pointed to “a challenging economic environment” in August 2025 and to “continued pressures in the global economic landscape” in March 2026.

Microsoft was the most specific. In June 2026 it said console storage and memory prices “have increased by more than 2.5x”. Microsoft added that it expects another doubling by fall 2027.

Nintendo of America said its Switch 2 change responds to “various changes in market conditions, which are expected to extend over the medium to long term”.

None of the three has announced a future US price change beyond those listed here. This page records what has happened and does not forecast the next move.

List Price vs What You Pay at the Register

List prices are what Sony, Microsoft and Nintendo set, and they are what this page tracks. What you pay at a store can be lower during a sale or higher in a bundle, and neither changes the official list price. The Marvel’s Wolverine Limited Edition PS5 Digital bundle, for example, lists at $649.99 (PlayStation Blog) because it is a limited edition bundle built around the game, not because the standard model changed price.

When a lower console price shows up in an ad, check whether it is a sale, a refurbished unit or a bundle. Sony’s latest published US list prices are the ones in its April 2026 announcement, and no later PlayStation Blog post announces a cut.

How This Page Is Sourced and Updated

Every price on this page comes from the console maker’s own channels, meaning the PlayStation Blog, Xbox Wire and Xbox’s US price sheets, the listings on xbox.com, and Nintendo of America announcements. Every price cell in the tables links to the page it came from.

Prices are US recommended, estimated or manufacturer’s suggested retail prices, before tax. The August 2026 Xbox prices add each announced increase to Xbox’s own October 2025 prices, because Microsoft published only the size of each increase. Limited editions and accessories are left out, and every source was checked on October 25, 2026.

The page is updated whenever Sony, Microsoft or Nintendo announces a US price change. You are welcome to cite any figure here; please link to this page or to the official source. For more of our data, see the average gaming PC specs page and our Switch 2 sales tracker. For the full cost of playing beyond the console itself, see how much a gaming setup costs.

The charts on this page are free to republish in articles, videos and presentations. Download the image, keep it unedited, and credit it with a link to this page, for example:

<p>Source: <a href="https://budgetloadout.com/console-price-increase/">Console Price Increase Tracker, Budget Loadout</a></p>

Frequently Asked Questions

Short answers to the questions people ask most about console price increases.

How many times has the PS5 price gone up in the US?

Twice for the PS5 with disc drive, on August 21, 2025 and April 2, 2026, which took it from $499.99 to $649.99. The Digital Edition also rose with the 2023 slim model, which launched at $449.99 against $399.99 for the original.

Has the PS5 ever gone down in price?

Not at list price in the US. Sony’s PlayStation Blog announces no US list-price cut on any PS5 model through October 25, 2026. Store sales and bundles can be cheaper for a while, but they do not change the list price.

Why are console prices going up?

Sony cites a challenging economic environment and pressures in the global economy, Microsoft says console storage and memory prices have more than doubled, and Nintendo cites changes in market conditions expected to last over the medium to long term.

Which console is the cheapest right now?

The Xbox Series S 512GB and the Nintendo Switch 2 tie at $499.99 each. The cheapest PS5 is the Digital Edition at $599.99.

Did the Switch 2 Mario Kart World bundle go up too?

Sort of. The bundle cost $499.99 at launch, and Nintendo’s newer version costs $549.99 but adds a 3-month Nintendo Switch Online membership, so it is a new bundle rather than a like-for-like increase.

Looking for more budget gaming gear? Check out Budget Loadout for the latest reviews and recommendations.

Russ, Budget Loadout

Written by

Russ

Russ is the founder of Budget Loadout. He has been gaming for about 40 years and has built around 15 PCs along the way. He started the site after getting tired of overpaying for gear, and he researches every pick from manufacturer specs, owner reviews and live availability before recommending it.

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