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Valve Increases Price of Steam Deck to $789 and $949

Valve Increases Price of Steam Deck to $789 and $949 - News

by William D'Angelo , posted on 27 May 2026 / 3,423 Views

Valve announced it has increased the price of the Steam Deck OLED "due to rising memory and storage costs."

"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," said Valve. "We’ll keep you updated if anything changes."

The 512GB model has increased from $549 to $789, while the 1TB model increased from $649 to $949. Valve Certified Refurbished Steam Decks are available at lower prices here.

Here is the complete list of new prices (inclusive of VAT where applicable):

  • Steam Deck OLED 512GB: Now $789 USD; CAD 1,129; EUR 779; GBP 649; AUD 1,199; PLN 3,279
  • Steam Deck OLED 1TB: Now $949 USD; CAD 1,349; EUR 919; GBP 779; AUD 1,429; PLN 3,879


A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can follow the author on Bluesky.


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26 Comments
CosmicSex (on 27 May 2026)

That's more than a PS5 Pro. Guys, it's not a Sony thing or a Valve thing or a Nintendo thing. This is a AI thing. By the time the Switch 2 hike hits in September we may actually turn into a $100 hike let's be real.

  • +18
Azzanation CosmicSex (on 27 May 2026)

Or an Xbox thing?

  • +5
CosmicSex Azzanation (on 27 May 2026)

Correct. Microsoft however is a unique case given their cash richness and close proximity to the company causing all this chaos. They clearly aren't disadvantaged in the same way as other hardware makers have been.

  • +3
Conina (on 27 May 2026)

almost 50% price increase... insane!

  • +11
loy310 (on 27 May 2026)

Lmao, Valve, you don’t have a customer at that price.

  • +8
HopeMillsHorror (on 27 May 2026)

Dang... I may be able to sell my used one (barely used) for a profit at this point

  • +7
rapsuperstar31 (on 27 May 2026)

...yuck.

  • +7
JackHandy (on 27 May 2026)

Man, the industry is really going to price themselves out of business at this rate.

  • +6
JRPGfan (on 28 May 2026)

a 300$ increase? excuse me!?

  • +4
Cerebralbore101 (on 27 May 2026)

I didn't even know it went up from the initial launch prices. At those prices it's flat out inferior to the Switch 2.

  • +4
superjas (on 28 May 2026)

Steam Machine is DOA

  • +3
Sogreblute (on 27 May 2026)

That is an even bigger increase than PS5 and Xbox Series X got, ever. Those consoles got $150 - $200 increase while this is getting a $300 increase. That's insane. If you're interested in a PC handheld your best bet now is a refurbished Steam Deck or the Rog Xbox Ally. If you just want a gaming handheld then either the Switch or Switch 2 will be good. No one can recommend the Steam Deck now, or the PS5/Pro and Xbox Series X for these prices.

  • +3
Azzanation (on 27 May 2026)

And some believe next gen console prices will be stable.

  • +3
darthv72 (on 27 May 2026)

Ouch.... I'm glad i got mine when i did.

  • +3
CosmicSex darthv72 (on 27 May 2026)

Actually at that price, might as well get a ROG Ally X and put SteamOS or Bazzite on it...and that option will probably only be available for about a week or two before that goes up too.

  • +3
SanAndreasX darthv72 (on 27 May 2026)

I paid $350 for a refurbished LCD 512 GB SD in 2024, during a brief time period when Gamestop was selling refurbished Decks.

  • +2
BraLoD (on 27 May 2026)

Those are some massive increases

  • +2
Pakuyasa (on 27 May 2026)

Those who think that AI has varying effects on some companies, such as $50, $100, or $300, are simply lmao.

  • +2
Scoopz Pakuyasa (5 days ago)

Gotta remember that these systems have varying amounts of RAM and storage which of course influenced the price hikes. The Steam Decks current lowest end model has 16GB RAM and 512GB storage. Compare that to Switch 2s 12GB RAM and 256GB storage and its easy to see why Valves price increase is a lot greater.

Nintendos cost conscious design choices are paying off at the moment

  • 0
whereby (on 29 May 2026)

at these prices surely people must be looking at pre-owned hardware now makes zero sense to buy brand new anymore

  • +1
TheTitaniumNub (on 27 May 2026)

WOW! I am super lucky that my partner and I bought our Deck about 3 or 4 months ago, right before they sold out, don't know if they are still sold out.

  • +1
SanAndreasX TheTitaniumNub (on 27 May 2026)

They're readily available now. If you have $800 to spend, you can easily get one.

EDIT: There also appears that there are refurbished 512GB OLED models available, for $630, which is more than a new 512GB OLED cost under the old pricing structure, when they were not available.

  • +1
TheTitaniumNub SanAndreasX (on 28 May 2026)

Yes, we bought the 512gb model brand new for 549.99$

  • 0
UnderwaterFunktown (4 days ago)

It's a bit frustrating. I was hoping to maybe get a Deck 2 or Deck Lite at some point, but the way things are going... nah man, I can't defend spending that much on it.

  • 0
StriderKiwi (on 29 May 2026)

And they are sold out already at those outrageous prices. Idk who the hell has the money for this and is dumb enough fork it over, but gaming is so cooked for the forseeable future

  • 0
leftalone (on 28 May 2026)

holding the door open for the chinese brands.

  • 0