How much would an iphone 5 be at verizon?

All together for only 16gb? And how much would the monthly bill cost? The contract consists of staying with them, but what if I'm not able to pay my bill one day would they keep thing my credit? I really need info Thanks!

The phone itself is $199. Should be voice, text, data & activation payments to make as well at the time of purchase. The monthly cost would depend on which options you take & how you use it within that time.