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Samsung's Gear VR headset will reportedly cost $199

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That doesn't include the cost of a Galaxy Note 4, which works as the device's screen

Samsung's Gear VR virtual reality headset will cost $199, according to a report from VentureBeat, although that doesn't include the cost of the Galaxy Note 4, which works as the headset's screen. The Oculus-powered Gear VR, officially announced Wednesday, is designed to wrap around the Galaxy Note 4. The headset is wireless and powered by the phone.

Oculus also said this week that the consumer version of the Rift headset will cost between $200 and $400. On the surface, that sounds like the two headsets are competitively priced, but you have to account for the cost of a Note 4. An official price for that hasn't been announced, although it's rumored to be $799, or $299 with a contract.