PlayStation VR2 launched at $550 two years ago this month. It was a great virtual reality headset but an intimidating price. Now Sony is dropping it to $400 starting in March amid reports that sales have completely stalled.

Sony is cutting the price of its PlayStation VR 2 headset in March. The VR 2 will be discounted to just $399.99, down from the original $549 pricing when it launched in February 2023. The headset will also see a price cut in Europe (€449.99), the UK (£399.99), Japan (¥66,980), and other regions.

An overdue price drop just hit, but it's still a big investment for a novelty that Sony hasn't invested enough game development into.

Over on the PlayStation blog, Sony announced that the PlayStation VR2 virtual reality headset will receive a permanent price decrease starting in March. The headset launched in 2023 at a steep $550, but the new cut drops it to a more manageable $400.

When looking at VR headsets, many people look first at headsets such as the Meta Quest 3, but there are definitely other good options. The PlayStation VR2 is one alternative that works on both PCs and PlayStation consoles,

PSVR 2 price has been reduced to $399.99 for base model and game bundle, making it more affordable. Sony's price cut should boost PSVR 2 sales amidst the lack of major game announcements in the recent State of Play.