Want to own and use an Oculus Rift? Then expect to spend $1,500 to ensure you have everything you need. That’s the advice of Brendan Iribe, CEO of Oculus.Before you start figuring out how to save up $1,500 to purchase the Oculus Rift, understand that Iribe is basing his price on the headset and the cost of a PC powerful enough to support it. We already know the minimum PC spec for using Oculus Rift:Intel Core i5-4590 processor8GB RAMNvidia GTX 970 or AMD 290 graphics card2 USB 3.0 portsWindows 7 SP1 or newerConsidering such a PC will cost you at least $1,000, that suggests the Oculus Rift retail price is going to fall somewhere around the $400 mark. That’s about the same as a games console, and I’m sure that is what Oculus is aiming for initially. However, Iribe also pointed out that the goal was to get the cost down to under $1,000, although he admitted it will take time to do that.Chances are most gamers already have the hardware under their desks capable of supporting the Oculus Rift, so come launch you’ll just need to find $400 as well as the cost of any virtual-reality games you want to play. Of course, then you have to start considering other add-ons to improve the immersion experience, such as a treadmill, handheld controllers for in-game arms, etc. It all adds up.The Oculus Rift is expected to launch before April 2016, but hopefully the final retail price will be confirmed long before then. I also suspect we may get a few pre-order deals.