Money To Live

November 26, 2008

How much an iPhone really costs

Filed under: Uncategorized — by moneytolive @ 5:00 am

A few weeks ago I attended a wonderful outdoor bbq with some new friends. I showed them my iPhone, and amid the admiring comments, someone asked “How much does it cost?” When I said that the total cost over two years is around $2,000, the admiring comments stopped.

This weekend I saw a few of those friends, and they were eager to tell me what happened after the iPhone conversation. One of the girls at the bbq had been pining for an iphone ever since they came out. Now whenever the topic comes up, though, she says, “But you know, it costs $1,000 a year.” She no longer wants an iPhone.

Cost of using an iPhone for two years
Monthly service: $70/month * 24 months = $1680
Phone : $200
Case, cover, and other accessories: $100



  1. BUT… if I would have a cell phone regardless, it would be the cost difference that I would be looking at. My cell phone bill (family plan with my dad) is $38.50/month. Over two years, the difference would be $1056 or $528/year. Would it be worth it to me to pay an extra $528/year? I’m not sure.

    Comment by Shannon — November 26, 2008 @ 1:37 pm |Reply

  2. And what I like about you, Katy, is the confident juxtaposition of tea savings and iPhone luxury.

    Comment by Mary Bold — November 27, 2008 @ 12:05 am |Reply

  3. wow. I’ve been desiring an iphone too. I’ve never had a cell phone, both due to cost and lifestyle philosophy, and my admittedly biased mac perspective is that I think the only thing that would catapult me from the no-cell world to the cell world is either extreme inconvenience or an iphone.

    I offer the “scrimp” version to this post 🙂 My phone bill for the past year was $60/year for a skype-in number, $60/year for US skype-out, and ~$20 for a phone card to make international (from my work office landline) and occasional travelling pay phone calls. Total = ~$140. I have to admit that I absorb a lot of inconvenience sometimes by not having either a landline (except for my office) or a cell phone. However, most of the time it is not an issue.

    Comment by Anita — December 1, 2008 @ 2:46 pm |Reply

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