The Meta Quest 2 has been one of the best VR headsets out there, but starting August 1, the price will jump a whopping $100.
Meta, the company formerly known as Facebook, today announced that the base Meta Quest 2 with 128 GB of storage will increase in price from $299.00 to $399.99. The more expensive 256GB model is also up $101, from $399.00 to $499.99. Prices for accessories and refurbished units are also increasing, though Meta did not specify the exact changes for those products.
Meta says the price increase is necessary “to continue to invest in advancing the VR industry for the long term.” As a consolation prize, Meta headphones purchased between now and December 31, 2022 will come with a free copy of Beat Saber (if you don’t already have it).
goal mission 2
The most affordable standalone VR headset is about to get more expensive.
There are a few likely reasons for the sudden price increase. Most of the world economy is suffering from high levels of inflation right now, affecting everything from clothing to electronic component prices. It will likely cost Meta more money to build a Quest 2 now than it did a year ago. Given the low starting price, Meta wasn’t making much money from the original price of $299, and the company might even be losing money on each sale to encourage future game purchases, a common strategy for game consoles.
Meta might also want to raise prices to make more money. The company’s revenue was down in the first quarter of 2021 as Facebook continues to lose users and Apple’s privacy changes caused the company to lose about $10 billion.
No matter what the reasons, the cheapest way to get into VR is about to get more expensive. The Quest 2 could return to $300 in future sales, but if you’ve had your eye on one, now is probably the time to grab your headphones. The 128GB base model sold out almost immediately on Amazon, but it’s still available at other stores like Best Buy and Walmart.