How much does iPhone 5 cost without a new contract?

I have had my 4s for about a year now, but my contract won't be ready for an upgraded phone until the end of next year(2013). Also, I want to trade in my phone (4s 16g).So let's say I get 300 hundred for my trade in at apple, what will the remaing cost be. It doesn't cost the same as a no contract phone right, cuz I have s contract, it's just not ready yet.

I'm having the same issue with this. I read online that an upgrade isn't necessary but a new 2 year agreement is to get the 5 for 200

If you are still under contract, you will need to wait for the contact to end unless you are willing to pay for the termination fee

If you terminate your contract, you will have to pay maybe 100 to 250 dollars and on top of that, you will need to pay for the iphone 5 which is 200 - 400 depending on your size.

If you don't want to terminate your contract, you can always buy the iphone 5 without a contract but that gets expensive too. Around 700 dollars i think.