Consoles Cost More Than Ever, and Fewer Americans Are Buying Them

Americans are paying more for game consoles than ever, and they are buying fewer of them. Through August, Xbox hardware unit sales in the US were down 33% from a year earlier and PlayStation unit sales were down 25%, according to Circana’s US retail tracking, shared by analyst Mat Piscatella.

For Xbox, that is an all-time low for the year-to-date period. For PlayStation, it is the lowest point since 2013. Piscatella’s read on the wider market was blunt: “The US hardware market has not been in a more precarious position since the early 80s.”

The price of a console keeps rising

The clearest change is in what people pay. The average new Xbox console sold in the US this year through August went for $529, up 26% from a year ago. The average PlayStation console sold for $597, up 20%. Piscatella said both are all-time US highs and that “price sensitivity is becoming a real problem.”

August on its own told the same story. Circana’s monthly report showed these changes from August 2025:

MeasureAugust 2026Change from a year earlier
Total US video game spending$4.3 billionDown 9%
Hardware spending$302 millionDown 3%
Hardware units sold559,000Down 15%, the lowest August since 2013
PlayStation hardware unitsNot disclosedDown 11%
Xbox hardware unitsNot disclosedDown 31%
Nintendo hardware unitsNot disclosedDown 15%
Average price paid for new hardware$541An August record, up from $476
Source: Circana, via Mat Piscatella, October 8–9, 2026.

Spending fell far less than units because each machine now costs more. PS5 was the one bright spot: its hardware dollar sales rose 17% in August, while spending on Xbox Series and Switch 2 hardware each fell 13%. Switch 2 still led the US market in both units and dollars, for August and for the year so far, with PS5 in second place.

Advertisement

Why “the early 80s” stands out

In the games business, the early 1980s brings one event to mind: the 1983 crash, when the North American console market collapsed. Piscatella did not predict a repeat. His point was how fragile the hardware market looks now, with fewer buyers and higher prices at the same time.

A lot is riding on November

Grand Theft Auto VI arrives on November 19 for PS5 and Xbox Series X|S, and Piscatella pointed to it as a possible lift. “Perhaps the release of the Big Video Game in November will help ease at least some of these declines,” he wrote. He added a caveat in the next breath: that “will also depend on product availability given the RAM and component crisis. And pricing, of course.”

Switch 2, the market’s best-selling console, may not get that lift at all. Nintendo of America’s president would not say whether GTA 6 is coming to Switch 2, passing the question to Take-Two and Rockstar.

Staff and shoppers inside the Nintendo New York store, seen through its red-lit windows at night
The Nintendo New York store on the eve of the Switch 2 launch, June 4, 2025. Photo: SWinxy / Wikimedia Commons, CC BY 4.0

That leaves players in an awkward spot: the biggest game in years arrives just as consoles cost more than they ever have. For anyone pricing it out, our breakdown of what GTA 6 costs on day one is a useful place to start. Circana’s September figures, due on October 22, will show whether the slide continued into the fall.

Featured image: A GameStop store in Vallejo, California. Photo: Will Buckner / Wikimedia Commons, CC BY 2.0

Advertisement

Written by

144 articles

Rahis Saifi is the Editor-in-Chief of Game Empress, overseeing coverage of gaming news, industry developments, and gaming culture. He also runs Grand Theft Gamer on YouTube, where you can see him playing games like GTA Online, Resident Evil, WWE 2026, Hogwarts and so on. Game Empress is owned and operated by Flaunt Weekly LLC. Our editorial coverage is independent of advertisers and affiliate partners, and any sponsored content or affiliate links are clearly labeled.

Share this story