Sony has finally announced that the PlayStation VR will cost $399, and it will be available in October 2016. The company shared the news this afternoon during a short keynote at the 2016 Game Developer Conference in San Francisco.
That price could almost be considered cheap if you already own a PlayStation 4, and even if you don’t, the total cost is much less than Sony’s VR competitors. The Oculus Rift starts at $599 and Valve’s HTC Vive will sell for $799, but both of those headsets require powerful PCs that can cost much more than the $299 PS4.
This article originally appeared on Recode.net.