Depends, I have the reverb G2 and that was a $600 headset. Resolution is almost 4k though so I'm not sure what the ps VR headset resolution and frame time is set to. I doubt it's anything close to that as even with top of the line components running the G2 can be taxing depending on the game.
It's 2000x2040 per eye and up to 120 hz, from the spec list I found.