Next-gen Xbox price tag 'leaked', and you'd better start saving

There is plenty of speculation surrounding the next generation of consoles right now as we seemingly approach the end of this current cycle, but a new leak regarding the next big Xbox has left many wondering if they should start saving already.

Consoles and games alike are only getting more expensive as time goes on, and recent years have seen prices rise to astronomical levels to the point where many are wondering if they can afford to keep up with the hobby anymore.

We've already seen the first $80 games release this year with the threat that GTA 6 could increase that price point even further when it drops next May, and every console across the board has received some form of cost bump in recent months.

It's seemingly far from over though as that trend will permeate into the next generation of consoles, with new leaks suggesting that the next offering from Xbox will be more expensive than you can imagine.

Leaks have suggested a shocking price for the next generation of Xbox consoles (Ying Tang/NurPhoto via Getty Images)

As reported by Vice, notable leaker Moore's Law Is Dead appeared to suggest that the next Xbox console isn't going to be directly competing with the PlayStation 6, instead targeting more the price point that PC gamers are used to paying.

"I don't see Xbox Magnus as likely being a direct competitor to the next-gen PlayStation console any more," the leaker claimed, adding that it's "due to how much more Magnus will cost to make compared to the PS6."

While it wouldn't be a surprise if the PS6 continues to push beyond that $500 to $600 mark when it does come out, that will seemingly still feel cheap in comparison to what Xbox are cooking up.

"Compared to PC gaming systems, it will be much more favorable," explained Moore's Law Is Dead. "I definitely think it will cost more than $800, but I don't think it needs to cost more than $1,200."

One leaker has suggested that the next Xbox could cost between $800 and $1,200 ((Photo by Ying Tang/NurPhoto via Getty Images)

While there are a not insignificant number of PC gamers that pay more than $1,200 for a graphics card alone, it still would be quite the shock for a console to cost that much, especially if it came without the freedom and customization of the PC platform.

There are even rumors and suggestions that Xbox won't even be in the hardware market when the next generation rolls around – something that the company has confidently denied – but with rising Game Pass prices and a lack of confidence surrounding its first-party titles, a price beyond the $800 mark might be the final nail in the coffin for many.