Eric Risberg, File, Associated Press
FILE - In this March 4, 2015, file photo, people walk through the exhibit hall at the Game Developers Conference in San Francisco. The 30th annual Game Developers Conference runs from March 14 - 18, 2016, at Moscone Center in San Francisco.

SAN FRANCISCO — Sony's version of virtual reality will cost a few hundred dollars less than competitors when its headset is released in October.

The company announced a $399 price tag and the October release date for PlayStation VR on Tuesday during the Game Developers Conference.

The head-mounted display works in tandem with the PlayStation 4 console. The headset surrounds a wearer's vision and immerses them in 360-degree virtual worlds.

PlayStation VR's debut will follow the respective launches of the Oculus Rift and HTC Vive consumer versions.

The Rift will be available March 28 for $599. The Vive will be released April 5 for $799. They both require high-end PCs in order to work.

Sony said it expects over 50 games will be available for PlayStation VR at launch.