The latest of several highly anticipated virtual reality systems finally made an official announcement in regards to its pricing model this week, as the Playstation VR joined the HTC Vive and Oculus Rift in the burgeoning field of VR. Intended for use with the Playstation 4 console, the Playstation VR will retail for $399 and be released in October of this year, which is well after the other two peripherals are expected to hit the market, but at a significantly lower price point. By comparison, the Oculus Rift is expected to retail for $599, and the Vive for a whopping $799, with both also having hefty system requirements to run on PCs.
The Playstation VR price does not include the PS4 camera, which is required for head tracking and usually retails for around $60, or any Move controllers, which are optional and will not be required for most games at launch. Aside from the much lower price in comparison to its competitors, the Playstation VR will also apparently have a much larger launch library, with Sony announcing plans to have at least 50 titles available when the hardware goes on sale this fall.
Now that all the announcements have been made, all that remains is to see if consumers buy into this new wave of VR gaming!