When we reviewed the Nintendo Switch 2 shortly after its launch last year, we advised potential buyers to act quickly. At the time, we warned that the launch price could rise in the future. That anticipated price hike has now been confirmed by Nintendo.
Effective September 1, the Switch 2’s manufacturer’s suggested retail price (MSRP) will increase from $449.99 to $499.99. This represents a $50 increase, which translates to an approximate 11% hike.
Why Is Nintendo Raising the Switch 2’s Price?
In today’s announcement, Nintendo attributed the price increase to “changes in market conditions” and “the global business outlook”, which it expects to persist “over the medium to long term.”
Industry analysts suggest this is likely tied to the ongoing rise in RAM and storage component costs, a trend that has affected hardware manufacturers across the board for months.
Switch 2 Price Increase Aligns with Industry Trends
Nintendo’s decision to raise the Switch 2’s price follows similar moves by its competitors. Sony’s PS5 saw its second price increase in March 2024, just eight months after its first hike. Meanwhile, Microsoft’s Xbox Series X|S consoles underwent their second price increase in September 2023, five months after an initial adjustment.
Nintendo has also taken steps to adjust pricing for older hardware. Last year, the company raised the price of the original Switch console for the first time in its history.
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