Provided are a virtual reality display device, a host device, a system and a data processing method. The virtual reality display device includes a display panel and a drive chip, wherein the drive chip includes a first processing module and a drive module; the first processing module is configured to decode an image to be decoded with a third color depth sent by a second processing module in a virtual reality host device to obtain a first image with a first color depth and a second image with a second color depth, the third color depth is greater than or equal to the first color depth, and the second color depth is less than the first color depth; the drive module is configured to generate a first data voltage corresponding to the first image and a second data voltage corresponding to the second image.