Microsoft raises European Xbox prices by up to £200 — RAMpocalypse and component shortages force major console markups

Xbox Series X
(Image credit: Tom's Hardware)

Xbox price increases across the UK and Europe have been revealed, reports the Video Games Chronicle. Promotional graphics for these markets show that Microsoft is stoking prices up as much as £170 or €200, depending on the model buyers are interested in. The confirmation comes a little more than a week after it was revealed that U.S. customers were going to be facing Xbox price increases by as high as $150 from August 1.

The unquenchable thirst of AI data centers for computing hardware has precipitated the unusual sight of consoles actually getting more expensive as their life cycle extends. Now we are seeing consoles priced as much as $300 more than when they originally launched in 2020. Yes, this latest price rise isn’t the first.

The worst hit are those looking for the most capable SKUs. Specifically, all the big numbers we’ve used to illustrate the scale of these rises reference the Xbox Series X (1TB, Disc) pricing. This device now costs $799 in the U.S., £669 in the UK, and €799 in Europe. Check the table below for the full range of SKUs and new prices.

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The latest Xbox price hikes

US pricing

UK pricing

Europe pricing

Xbox Series S (512GB)

Was $399, now $499

Was £299, now £429

Was €349, now €499

Xbox Series S (1TB)

Was $449, now $599

Was £349, now £519

Was €399, now €599

Xbox Series X (1TB, Digital)

Was $599, now $749

Was £449, now £619

Was €549, now €749

Xbox Series X (1TB, Disc)

Was $649, now $799

Was £499, now £669

Was €599, now €799

It looks like those in European markets will be hardest hit, as a €200 increase converts to an approximate $230 increase. Remember that UK and European prices for consumer goods will always include all sales taxes, though.

In our recent story about the Xbox price hikes (in the U.S.), we noted that the 2TB console was also killed off by Microsoft.

Readers won’t be surprised that this latest set of hikes is another symptom of the AI boom and RAMpocalypse. The pricing of essential components used by servers, computers, smart devices, and consoles alike has all skyrocketed over the last year, led by RAM and SSDs.

Sony increased all its PlayStation 5 prices in April, with every SKU going up by $100. Perhaps it will have to revise things upwards again, shortly. Meanwhile, PC buyers are also glum with the rapidly increasing prices of components and pre-built console-killers like the Steam Deck and Steam Machine, all seeing significant price increases.

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Mark Tyson
News Editor

Mark Tyson is a news editor at Tom's Hardware. He enjoys covering the full breadth of PC tech; from business and semiconductor design to products approaching the edge of reason.

  • thesyndrome
    £519 for an Xbox series S 1TB
    Do Microsoft REALLY think people are going to pay £100 more than the PS5 launch prices for a device that was already considered weak WHEN IT FIRST RELEASED SIX YEARS AGO?!

    Gaming was already heading for a crash for a long time due to a number of factors, but they've been holding it off (usually with mass-firings so the companies don't implode), but the computing hardware market and inflation exploding has caused it to accelerate beyond control.

    I honestly think we are watching the hobby die in slow motion, I think the only "gaming market" that will continue on with little change is the mobile gaming market because a smartphone of some variety is nearly a requirement these days and people have proven they are willing to accept worse graphics and simpler gameplay in that segment, but I think console and PC gaming is going to go back to a niche hobby populated by enthusiasts only.
    Reply
  • TerryLaze
    thesyndrome said:
    and people have proven they are willing to accept worse graphics and simpler gameplay in that segment, but I think console and PC gaming is going to go back to a niche hobby populated by enthusiasts only.
    The top and high end never stopped being a niche...
    If people are ok with worse graphics they will just stay with the older consoles or more mid/low end PC parts.
    You don't need to play games at ultra 4k to enjoy them or to be counted as PC gaming.
    Mobile is a second device and will always be one for all but a very small number of people.
    Reply
  • SteJBorchard
    I mean im not going to buy this or really care much.

    but I do have a single question. Can the new xbox innately and organically play all versions of Smash Brothers/Super Smash?

    That would be my only concern.
    Reply