Valve Officially Raises Steam Deck Prices By Up To 45%

Expert Verified By

Setting A Horrible Precedent For Steam Machine Pricing!

Story Highlight
  • Valve has raised Steam Deck prices after battling the ongoing memory crisis.
  • The handheld has seen a price increase of over 40%, and the 1TB OLED model now costs close to $1000.
  • This could be a sign of things to come for the Steam Machine, which may cost even more.

By now, practically everyone has either increased hardware prices or is considering doing so. Following in PlayStation, Xbox, and Nintendo’s footsteps, another console manufacturer has announced price hikes.

As it continues to battle ongoing memory shortages, Valve is the latest to raise console pricing, confirming a huge price bump for the Steam Deck.

Why it matters: Valve’s Steam Deck was best known for its value proposition and budget-friendliness compared to other handhelds. The latest price hike sees the console losing its edge in this department.

Steam Deck OLED
Steam Deck OLED Revised Pricing via Valve

Valve has announced a new pricing structure for its consoles, impacting both the 512GB Steam Deck OLED and the 1TB Steam Deck OLED. The former has seen a $240 price bump, while the latter now costs $300 more than its previous price. As such, the new prices are as follows:

  • Steam Deck OLED 512GB $949
  • Steam Deck OLED 1TB $789

Keep in mind that Valve previously discontinued the $550 base Steam Deck model, so the handheld now starts at $789.

For those curious, this means that the 1TB model has seen a 46% price hike, while the 512GB model now costs around 43% more than before. This is undoubtedly the most significant price hike for any console in recent memory.

The small bit of good news, if any at all, is that the handheld is now in stock via Valve, but with the new prices, it may be best to consider alternatives like the ROG Ally.

Steam Machine
The $700 Steam Machine Dream Might Be Done For

This also means that Valve’s upcoming Steam Machine, which many fear will cost an absurd amount following the memory shortages, will likely see Valve taking a similar approach.

Initial estimates suggested Valve would launch the Steam Machine at a $700 MSRP, but judging by the recent Steam Deck pricing revision, it would not be surprising to see the new hardware now cost well over $1000.

What do you make of the Steam Deck’s new prices? Be sure to let us know on the Tech4Gamers Forums.

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

How could we improve this post? Please Help us. 😔

Gear Up For Latest News

Get exclusive gaming & tech news before it drops. Sign up today!

Join Our Community

Still having issues? Join the Tech4Gamers Forum for expert help and community support!

Latest News

Join Our Community

104,000FansLike
32,122FollowersFollow

Trending

Demon’s Souls Remake Progress To Character Creation On PS5 Emulator In One Week

PS5 emulation continues to advance at a rapid pace, with Demon's Souls Remake reaching yet another impressive milestone.

Former Burnout Boss Debuts Wreckreation 2 As Spiritual Successor To EA’s Forgotten IP

Wreckreation 2 is deemed a spiritual successor to the Burnout franchise, promising intense racing thrills for a modern audience.

PlayStation Should Move On From Consoles If It Ends Physical Games, Says Dev

The Disgaea creator believes that a digital-only PlayStation would undermine the purpose of Sony producing dedicated console hardware.

South Of Midnight Wins GOTY Award After Compulsion Separates From Xbox

South of Midnight, developed by Compulsion Games, has won GOTY at the Games for Change festival held in New York, weeks after leaving Xbox.

Steam Deck Sales Have Dropped By 82% After Price Hike, Report Reveals

Steam Deck sales have reportedly fallen by up to 82% after the price hike. It is earning Valve 72% less money than it did last year.