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Xbox Price Hikes Hit in August — Series X and Series S Discounts Available Now at Walmart, Target, and Dell

Microsoft will raise prices across all Xbox console models in August, the second increase in under a year as memory costs continue to pressure hardware margins across industries from automotive to computing. Pre-hike discounts on the Xbox…

By Warren Ashby·Jun 25, 2026·2 min read·markets·WMT · MSFT · MU · AMZN

Key takeaways

  • Microsoft will raise prices on all Xbox console models in August, marking its second increase in under a year amid rising memory costs.
  • The Xbox Series X (1TB, disc drive) goes from $649.99 to $799.99 in August, while the Xbox Series S (512GB) rises from $399.99 to $499.99.
  • Pre-hike Series X discounts are live now, with Walmart at $573.00 and Target at $573.99, both below the $649.99 retail and $799.99 August price.
  • Pre-hike Series S discounts include Dell at $349.99 (the lowest available) and Target at $379.99, versus the $499.99 August price.
  • Buying before August locks in savings of $120 to $226.99 versus the incoming August prices, depending on model and retailer.

Microsoft will raise prices across all Xbox console models in August, the second increase in under a year as memory costs continue to pressure hardware margins across industries from automotive to computing. Pre-hike discounts on the Xbox Series X and Xbox Series S are currently live at Walmart, Target, and Dell, giving buyers a window to purchase below both today's retail prices and the incoming August levels.

The August Increases: What Changes

The Xbox Series X (1TB, disc drive), currently at $649.99, rises to $799.99 in August — a $150 jump. The Xbox Series S (512GB, disc-free), currently $399.99, moves to $499.99, a $100 increase. Both models are affected; Microsoft has not announced a post-August pricing path.

Xbox Series X Deals: Two Retailers Below Current Retail

The 1TB Xbox Series X with built-in 4K Blu-ray disc drive is discounted at two major retailers ahead of the August hike:

Retailer Sale Price Regular Price August Price
Walmart $573.00 $649.99 $799.99
Target $573.99 $649.99 $799.99

Walmart's $573 price sits $226.99 below the incoming $799.99 August level. The disc-drive Series X is the recommended buy for buyers planning to use the platform for GTA VI, scheduled for release later this year.

Xbox Series S Deals: Dell Leads, Target Close Behind

The 512GB Xbox Series S plays the same digital game library as the Series X but tops out at 2560 x 1440 QHD resolution rather than 4K. Two retailers are below current retail:

Retailer Sale Price Regular Price August Price
Dell $349.99 $399.99 $499.99
Target $379.99 $399.99 $499.99

Dell's $349.99 listing is the lowest available and sits $150 below the August retail of $499.99. Target's $379.99 option may suit buyers seeking in-store pickup or access to Target Circle Card discounts.

Why the Timing Window Matters

Memory price inflation has produced two Microsoft console price increases inside twelve months, and both products will hit new retail highs when August arrives. Buyers purchasing before that date lock in savings of $120 to $226.99 versus the incoming August prices, depending on model and retailer. The Series X is the stronger pick for performance-focused buyers or anyone who wants a disc drive; the Series S offers a lower digital-only entry point — though at $349.99 today versus $499.99 in August, the cost gap narrows considerably against doing nothing.

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Source: theverge.com
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Frequently asked

When are the Xbox price increases taking effect?

The price increases take effect in August across all Xbox console models, the second increase in under a year.

How much will the Xbox Series X and Series S cost after the hike?

The Xbox Series X rises to $799.99 (from $649.99) and the Xbox Series S rises to $499.99 (from $399.99).

Where can I find the cheapest Xbox deals right now?

The lowest Series X price is Walmart at $573.00, and the lowest Series S price is Dell at $349.99.

What is the difference between the Series X and Series S?

The Series X has a 1TB drive with a built-in 4K Blu-ray disc drive, while the disc-free Series S has 512GB and tops out at 2560 x 1440 QHD resolution rather than 4K.

Which Xbox is recommended for GTA VI?

The disc-drive Series X is the recommended buy for buyers planning to use the platform for GTA VI, which is scheduled for release later this year.