Contributor to Forbes : Sony VR to be more than x 3 that of Oculus Rift In 2016

[HoloDust]

JustBeingReal said:

I really cannot see Playstation VR releasing for anything more than $299/£249, because that's the sweet spot and the components to make that headset aren't really that expensive now.

Oculus is a 4K display, PSVR is 1920X1080, both are 120FPS, so the display on PSVR is substantially cheaper to make, the bandwidth for the connections is much less demanding on hardware.
The volume of production is going to be higher on PSVR, because of the install bases involved in each unit.

 

Actually, Oculus is 2160 x 1200 with what still appears to be PenTile display (so 1 Red and 1 Blue subpixels for every 2 Green in diamond pattern) @90Hz, PSVR is full RGB (@120Hz), which is why some people say it looks better than OR.

Only VR (that I'm aware of) that is in 4K range is StarVR (5120x1440), which is close to amount of pixels of 4K UHD.