How much will the monthly service cost for the new iPhone 5 cost?

My parents are planning on getting me the new iPhone 5 for my birthday late this September. However they are concerned about the monthly data plan price.

1. What is the expected monthly data service cost?

2. Will users have the option to choose 4g or this new LTE plan?

Added (1). Not the cost of the actually iPhone 5, just the monthly service plan

Added (2). I currently have a 3g data plan for my android, will the plan price go up with iPhone 5 and LTE?

Check your providers website

$199

The price should not go up for the iPhone, I would think it would be the same as the phone you have now. I would check with your service provider, they would be able to tell you what it will be and what is the cheapest you can get, because it varies by carrier and plan.