After less than a year on the market, the Nintendo Switch 2 is going up in price.
The company announced in a press release on its website that the device is getting a price increase in every major region, including the United States. Customers in the U.S. will pay $50 more for the console, as its price is going from $449 to $499. Nintendo did not delve into specifics in the press release, citing only "changes in market conditions," but this is almost certainly a response to the global memory shortage driven by high demand for AI data center construction.
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That same memory shortage was the culprit behind recent price hikes on PlayStation 5 consoles and Motorola phones, among other tech products. Even if the reasoning is understandable, it must be stated that video game consoles rarely rise in price over time in a normal economic environment. The opposite usually occurs, typically after at least a few years on the market. Nintendo having to hike the Switch 2's price less than a year after its June 2025 launch is fairly unprecedented, at least in recent memory.
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Nintendo said the changes go into effect on Sept. 1 of this year, so if you want a Switch 2, that's your deadline to get one for $450.