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From The CircuitryVerified tech news, cross-checked.How we verify →
  • Marvel’s Wolverine Sells 2.4 Million Units in First 50 DaysGaming
  • Report: Silver Lake, Saudi PIF in talks to buy UnityGaming
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Home/Gaming/Valve Raises Steam Deck Prices Over 40%, 1TB OLED at $949
VERIFIEDBy Xavier Rivera·Wednesday, May 27, 2026 at 2:11 PM AST·1.5 min read

Valve Raises Steam Deck Prices Over 40%, 1TB OLED at $949

Valve has lifted Steam Deck OLED prices by more than 40 percent, placing the 1TB model at $949 while both variants have returned to stock. The company cited rising component and logistics expenses, the latest in a wave of increases that also hit Nintendo, Sony and Microsoft amid elevated console costs.

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Valve Raises Steam Deck Prices Over 40%, 1TB OLED at $949
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TL;DRAI · 60 sec read

Valve raises Steam Deck OLED prices over 40 percent, with the 512GB model now at $789 and the 1TB at $949. Valve blames higher component costs and logistics issues. Nintendo, Sony, and Microsoft have also raised console prices amid weak hardware sales and rising production expenses across the industry.

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Valve has increased the cost of its Steam Deck handheld.

The 512GB OLED version now sells for $789 USD, $1,129 CAD, €779 and £669 while the 1TB model carries a new price of $949 USD, $1,349 CAD, €919 and £779. Both devices had previously been listed at $549 and $649 respectively in the US.
Steam Deck itself hasnt changed; these new prices reflect the current state of component costs and other global logistical challenges across the industry as a whole.

These changes amount to a 43 percent rise for the smaller storage tier and 46 percent for the larger one. The units reportedly returned to full availability on Steam after experiencing intermittent stock levels.
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In a brief post on the product's Steam Community page, the company stated: "Steam Deck itself hasn’t changed; these new prices reflect the current state of component costs and other global logistical challenges across the industry as a whole. We’ll keep you updated if anything changes."
It's a challenging market for home consoles in general, with prices higher than ever and consumers squeezed by a higher cost of living.
Valve joins several other platform holders that have lifted hardware prices recently. Nintendo said earlier this month that the Switch 2 will cost more starting September 1. Sony revealed in March that all its consoles would rise by at least $100, with the PlayStation 5 Pro climbing $150 to reach $900. Microsoft enacted two separate Xbox price hikes last year, bringing the standard Series X to $649.99 and the Series S to $399.99.
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Circana figures show that the average price of new video game hardware in the US climbed from $235 in November 2019 to $439 in November 2025.
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