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These are uncertain times for the gaming industry. While developers and studios struggle to cope with the near-constant layoffs, players are adapting to a world where the price of consoles and games feels inconsistent at best. While buying the new Nintendo Switch 2 will cost you more than we expected, Microsoft has also just raised the price of their Xbox consoles and games.

While they didn’t mention the tariffs that President Trump has imposed on goods coming from China in their statement, the timing is more than a little suspicious. Not only will the Xbox Series S/X consoles be more expensive, but some new, first-party games (i.e., the ones that they hope will really sell the console) will cost $79.99 this holiday season. In their announcement, Microsoft said, “We understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development. Looking ahead, we continue to focus on offering more ways to play more games across any screen and ensuring value for Xbox players.”

How much of a price increase players can expect will depend on which version of the Xbox console they buy. For example, the Xbox Series S 512GB will cost $379.99, up from $299.99. An Xbox Wireless Controller will now cost $64.99. On average, the cost of Microsoft Xbox consoles and hardware is increasing by around 20% across the board.

Again, Microsoft did not mention Trump’s tariffs in their statement, but the timing – and their comment about “market conditions” playing a part – make it easy to lay the blame there. It is also possible that they saw the price that Nintendo was planning to charge for their first-party games and thought this was a good chance to increase their own prices as well. Whatever the reason, it is going to be more expensive to be a gamer in 2025 than it ever has before.

You don't need to beat the game to prepare for the next one—here are all the major new and upcoming games coming our way.