The Steam tires will now set customers back a few hundred dollars, as Valve revealed updated prices for the OLED models of its popular gaming handheld. Although the Steam Deck OLED is back in stock as of this writing, the new prices will affect users in the US and other territories.
Since launching in 2022, Steam Deck has quickly become a notable way for users to play games from their Steam library on the go. Although the Steam Deck has since faced stiff competition in the handheld market, Valve's portable gamepad remains a popular gadget for PC enthusiasts and casual gamers alike. The Steam Deck initially launched with LCD and OLED versions for users to choose from. However, Valve discontinued the Steam Deck LCD model at the end of 2025, making the OLED model the only new units available from that point on.
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The Steam deck just got more expensive worldwide
Although the Steam Deck has run into supply issues in 2026, Valve has since restocked Steam Deck OLED in the US. However, the Steam Deck OLED is now more expensive than before. As of this writing, the Steam Deck OLED 512GB model has jumped from $549 to $789, an increase of $240 before any taxes and fees are applied. The 1TB Steam Deck OLED got a bigger price increase, going from $649 to $949. The $300 price increase now makes the Steam Deck OLED 1TB model just $50 cheaper than the ASUS ROG Xbox Ally X handheld. But the 1TB Steam Deck OLED is now $50 more expensive than the PS5 Pro, which costs $899. Along with the US price increase, the Steam Deck OLED also saw price increases in Canada, the UK, Europe, Australia and Poland.
Steam Deck OLED Price Changes (as of May 27, 2026)
Steam Deck OLED 512 GB
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US: $789
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Canada: CAD 1,129
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Europe: 779 EUR
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UK: £649
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Australia: AUD 1,199
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Poland: PLN 3,279
Steam Deck OLED 1 TB
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US: $949
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Canada: CAD 1,349
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Europe: EUR 919
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UK: £779
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Australia: AUD 1,429
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Poland: 3,879 zlotys
Steam Deck's new pricing schedule is the latest change amid troubled times in the global video game industry. Since 2025, game consoles have become more expensive due to the state of the global economy and the ongoing DRAM shortage crisis. In short, the demand for key components from AI-powered data centers has driven the prices of RAM, solid-state drives and processors to increase by hundreds of dollars since the end of 2025.
Users can save some money on a Steam Deck OLED model by purchasing a certified refurbished unit from Valve while supplies last. A refurbished 512GB Steam Deck OLED will set users back $629, while a refurbished 1TB model will cost $759. While the Steam Deck is still cheaper than the ROG Xbox Ally X, the new price of the 1TB model makes it twice as expensive as the Nintendo Switch 2, its main competitor in the market. However, Nintendo will raise the price of the Switch 2 from $449 to $499 starting September 1st.
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Steam Deck's price hike also raises questions about how much the upcoming Steam Machine will cost. Although Valve has kept a tight lid on its upcoming system, the Steam Machine is still on track to ship sometime in 2026. It remains to be seen how much the price of the Steam Deck will affect the Steam Machine.
