How much would the iPhone 5 cost with a 2-year contract w/ Verizon?

[noYOU]

My contract ends in a few months, and my parents said that I can get a smartphone for my next phone. Originally, my dad wanted me to get the Galaxy S3 because it's the latest thing out apparently, but we've heard news about the iPhone 5 coming out apparently on September 12th (or sometime in September). My parents are willing to get me an iPhone 5 when it comes out, but I'm a little worried about the costs. Our phone carrier is Verizon, and we always get 2-year contracts, so how much do you think an iPhone 5 would cost with a 2 year plan?
I think the iPhone 4s costs like 9 w/ a 2year contract with Verizon, so would the iPhone 5 cost that much too? I'm not looking to get the 64gig one - I'm looking to get the lowest gig one because I don't wanna put that much financial burden on my parents for all that gig I won't use.

Thanks!

[Rawrt]

I think it'll be somewhere around $200-$300 with a two year contract. I'd wait and see if I were you. I love my iPhone and I think the 5 will be worth the wait.