How much does half a year of iPhone 5 cost?

I have a new iPhone 5 ( i got it on fathers day - and no i'm not a father it just worked out that way) and my parents told me that i have to pay for the first year. I have it with verizon. I have unlimited texting (not sure if that affects it, i think it does)

Please Help! I know that i have more than enough to pay for it, but I have other things that I want to get that I have to pay for, and I would like to know how much I can spend.

Usually $90-$120 per month for a iphone, you will need a data plan if you don't already have one

Multiply your monthly rate by 6.

It depends on the plan options you take & more importantly how you use it monthly. There's no set monthly cost for it.

90-120