That it needs a Galaxy Note 4 to work (and only works with this one phone) is a blessing and a curse. If you already own a Note 4, Gear VR is a low-cost way to dip your toes into VR for $199. If you don't, the whole VR setup will cost somewhere closer to $900 ($700 for the phone off-contract plus $200 for Gear VR).amsung built the headset, and Oculus VR helped them out with the software. See also: Samsung Gear VR is on sale, but it's not for everyone. Like the Oculus Rift, Gear VR is another developer kit as its Innovators Edition strongly implies.