There is no denying that the world of VR will soon populate the gaming world, and despite its ridiculous price perception, gamers still look forward to the experience. So why do VR have a steep price tag?

Sony explains on BBC that the PlayStation VR, for instance, is currently being handled by at least 200 developers. That alone rings excessive financing on both parties, and with the PlayStation VR currently holding at least 100 titles, there seems to be a challenge on its marketing strategy.

Apparently, whether it is the PlayStation VR, Oculus Rift or HTC Vive, they all undergo strenuous development and testing that literally rips funds from its financers. That being said, the lost during the developmental period is being handed to its end consumers in order to compensate what was spent during the trial period.

The material, as well as the system and artificial intelligence used in the VR development, have also pried on the funds for such device. Now that you have an idea on why VR gaming costs so much, you may want to know what's already been done for the VR and how far the development of such device has been.

The PlayStation VR, also called the Project Morpheus during its early stage, is a product of Sony. It is the company's entry on the world of VR games. Despite the lack of detailed information about it, the PlayStation VR is said to be compatible with the PlayStation 4 console. Should Sony decide that it shouldn't be as pricey as everyone thinks, critics believe that it will be the same price as the PlayStation 4.

The Oculus Rift, on the other hand, is a product of Facebook and entrepreneur Palmer Luckey. The Oculus Rift doesn't need much introduction as it has already been sold in the market few hours after it was introduced.

Currently available in the U.K., the Oculus Rift has a price tag of £499 with two games in it: EVE Valkyrie and Lucky's Tale.

HTC Vive is a product of Taiwanese phone company HTC and Steam's VALVE. The HTC Vive follows the emergence of the other two giant VR devices and announced their version to arrive this April. The HTC takes pride on its full room experience, where gamers can walk around with their headsets on. HTC has not officially released the Vive's price, but rumors say that it could be the most expensive among the three.