Oculus Rift Total Package Price for Virtual Reality Won't Be Cheap

Oculus VR®(RANCHO PALOS VERDES, Calif.) — The price of virtual reality won’t be cheap.

When Oculus Rift releases its consumer headset and computer next year, CEO Brandon Iribe said the system will likely cost around $1,500 — making the virtual reality dream for the masses expensive.

“We are looking at an all-in price, if you have to go out and actually need to buy a new computer and you’re going to buy the Rift … at most you should be in that $1,500 range,” Iribe said at Re/code’s Code Conference in Rancho Palos Verdes, California.

Iribe said over time he hopes the cost will be lowered to around $1,000.

The virtual reality start-up, which was acquired by Facebook last year for $2 billion, is set to have a big year. Earlier this week, Oculus announced in a blog post it had acquired Surreal Vision, a company focused on constructing real-world scenes in a virtual space.

“Great scene reconstruction will enable a new level of presence and telepresence, allowing you to move around the real world and interact with real-world objects from within VR,” the Oculus blog post said.

It was announced earlier this month that pre-orders for the consumer version of the virtual reality goggles will begin later this year, with the first customers being able to strap on the eyewear in the comfort of their own homes beginning in the first quarter of 2016.

Oculus has yet to give specific dates for the release, but teased a headset that will have updated ergonomics to give it a more natural fit.

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