When the iphone 5s comes out will the iphone 5 be cheaper?

If so by how much? On a 2 year contract with verizon.

About $100 cheaper, but I would wait another 6 days and see what apple announces at there little convention. They are planning on announcing a cheaper iphone called the iphone 5c so I would wait.

Yes the Iphone 5 price will significantly drop, the norm is that the price for the pay as you go price will drop by $100 and the contract price will drop to around 20-25 dollars a month with out having to pay a one of extra fee.

Yes. By $100.

Yes the iPhone 5 will cheaper. It will most likely be $99.99 on a two year contract and the iPhone 4s will be free. If you look at the previous price patterns when a new iPhone comes out, that is how it usually goes.

Yes, it will cheaper surely, but still pretty expensive for some budget buyer,

so, may be you can take a look at some new brand mobile.