Sony kicked off the new year by announcing more details about next-gen successor to 2016’s PlayStation VR. The PS5 compatible PlayStation VR2 is expected to significantly improve upon the specs of its predecessor, with a higher resolution display, faster refresh rates, wider field of view, and improved tracking.

Unfortunately, one thing Sony didn’t answer at CES 2022 is arguably the most asked question about PSVR 2: how much will it cost? PlayStation VR retailed for $399 at launch in 2016, so the PlayStation VR2 will likely clock in around the same amount. Despite coming out six years ago, PSVR bundles are currently hard to come by and will set buyers back around $299-$350, if they’re able to find them in stock. At the time of its launch, PlayStation VR was considered overpriced by many due to its limited content library. PSVR 2 will likely have a much broader range of titles, including console-quality AAA games, but as it relies on buyers having a PlayStation 5 next-gen console, the content offering may be largely limited to PlayStation exclusive titles.

Related: PSVR 2 Will Reportedly Enter Mass Production Soon

Facebook’s Oculus Quest 2, PSVR 2’s closest competitor, is sold for $299 and is a standalone VR headset not reliant on a console. While the Quest 2 has lower specs than the PSVR 2, such as an LCD rather than OLED, gamers who don’t own a PlayStation 5 already can purchase the standalone headset and begin enjoying VR right away. Those interested in buying a PSVR 2 will also need to purchase a PS5, a task easier said than done due to supply chain issues and worldwide stock shortages PlayStation is working to address. Due to the specs of the PSVR 2, notably the 2000×2040 resolution OLED display for each eye which offers a higher resolution than the Oculus Quest 2, a price point higher than the original PlayStation VR’s $399 isn’t out of the question, as most devices with OLED display have a price .

PlayStation VR2 Price And Launch Date Should Be Coming Soon

PSVR 2 Price How Much PlayStation VR2 Costs Controllers

In addition to the PSVR 2 price remaining a mystery, for now, Sony has not yet revealed the headset’s launch date. As Sony started the new year releasing more information about PSVR 2 at CES 2022, it’s likely that a 2022 launch date is in the works. However, given supply chain and stock shortage issues PlayStation has been experiencing, it wouldn’t be surprising if the launch was towards the latter end of the year or pushed back altogether to 2023. The new PSVR 2 headset may not be released until Sony resolves its PS5 stock shortage, considering PSVR 2’s dependence on a wired connection to the next-gen PlayStation 5 console.

PlayStation and VR gamers alike are looking forward to PSVR 2’s launch, which many insiders anticipate to be coming later this year. While the VR headset’s price and release date are currently unknown, those hoping to buy the PlayStation VR2 can expect to spend at least $300-400 on the headset, as well as an additional $300-400 on a PlayStation 5 console, if they haven't been fortunate enough to get their hands on one already. The end of 2021 saw an increase in PS5 restocks, with more Ps5 restocks reported for early 2022. With many conventions and events finally making a return in 2022, fans can expect more Sony to announce more PSVR 2 news in the coming months.

Next: PSVR 2: What Foveated Rendering Means