Microsoft is now raising prices on all Xbox hardware by $80-$100 and it will also plan to release $80 games later this year.

Gaming is about to get a lot more expensive — at least for Xbox fans. Effective May 1, Microsoft is increasing the price of Xbox consoles and controllers, and not by an insignificant amount: The Xbox Series S 512GB,

Microsoft raised recommended retailer pricing for its Xbox consoles and controllers around the world this week. Its Xbox Series S, for example, now starts at $379.99 in the U.S. — up $80 from the $299.99 price tag that debuted in 2020. And its more powerful Xbox Series X will be $599.99 going forward, a $100 jump from its previous $499.99 listing.