Xbox Series X will cost $499, launch on November 10

Xbox Series X will cost $499, launch on November 10
(Image credit: Microsoft)

Microsoft confirmed today that the Xbox Series X will cost $499 when it launches on November 10.

The company tweeted the price and release date for the Xbox Series X a day after unveiling the cheaper Xbox Series S. Pre-orders for the two consoles will begin on September 22.

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We expected the Series X to cost somewhere between $400 and $600, so the $499 price isn't a surprise. Xbox confirmed yesterday that the Xbox Series S would cost $399, so we now know the Xbox Series X is $200 more expensive. 

Sony has yet to announce the release date and price of the PS5, although rumors suggest we could get answers later this week.

Xbox Series X payment plan

Microsoft established a payment plan for people who can't just throw down $499 at the sight of a new console. The plan offers you to pay $34.99 over the course of 24 months, which is way more than $499. 

It'll come to $840 to be specific, but it comes with Xbox All Access. If you're calculating how much Xbox Game Pass Ultimate costs over the course of 24 months, it's $360, which adds up to a total of $860, so technically, the payment plan is a cheaper alternative.

Rami Tabari is an Editor for Laptop Mag. He reviews every shape and form of a laptop as well as all sorts of cool tech. You can find him sitting at his desk surrounded by a hoarder's dream of laptops, and when he navigates his way out to civilization, you can catch him watching really bad anime or playing some kind of painfully difficult game. He’s the best at every game and he just doesn’t lose. That’s why you’ll occasionally catch his byline attached to the latest Souls-like challenge.