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How much does a phone cost?

By Ashley Burnett

Originally published July 31, 2024

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Last Updated July 31, 2024

Mint Fox with graphic copy that says “How much does a phone cost?”

That little rectangle in your pocket aka your phone connects you to the world around you…plus it helps you find the funniest memes. If you clicked on this, the question “How much do phones cost?” has probably been plaguing your mind. Maybe you’re looking to buy your first phone after leaving your family plan, or you’ve finally decided to lay your iPhone 4 to rest. Whatever the reason is, we’re here to help you find a phone that best fits your needs and your budget. Because we hate overpaying for things you don’t need (kinda our whole thing), let’s go through different phone models and their features and answer the question, “How much does a phone cost?”

In this article

Phone cost by manufacturer

If you’re a first time phone buyer, it’s important to know that phone cost depends on the manufacturer, model, storage capacity and its features. We’ve simplified the process with a list of the general MSRP (manufacturer’s suggested retail price — the more you know) of the latest phone models, as well as some great affordable options, from the top manufacturers. That way you can compare different models’ cost and features and find the right phone for you (and your pocket).

How much do iPhones cost?

Here’s the costs and features of a selection of iPhone models:

iPhone 15 Pro Max 

  • Features: Largest display of any 15 model, superior zoom lens
  • Cost: MSRP $1199,  256GB storage
  • Other option: MSRP $1599, 1T storage
  • Best for: Tech-savvy individuals

iPhone 15 Pro

  • Features: Long battery life, customizable Action button (which offers quick access to Shortcuts)
  • Cost: MSRP $999, 128 GB storage 
  • Other option:  MSRP $1499, 1TB
  • Best for: Everyday users concerned about battery life 

iPhone SE

  • Features: Durable design, Touch ID
  • Cost: MSRP $425, 64 GB storage
  • Other option: MSRP $579, 256 GB storage
  • Best for: Those looking for an affordable option

With each of these models, there are different tips and tricks you can use to maximize your user experience (and impress your friends). 

How much do Google phones cost?

Here’s the costs and features of a selection of Google models:

Google Pixel 8 Pro

  • Features: Large 6.7’” display, telephoto lens
  • Cost: MSRP $999, 128 GB storage
  • Other option: MSRP $1149, 1T storage
  • Best for: Tech-savvy users, Android fans, photographers and AI enthusiasts 

Google Pixel 8

  • Features: Professional camera powered by Google AI, high speed processor
  • Cost: MSRP $699, 128 GB storage
  • Other option: MSRP $759, 256 GB storage
  • Best for: A budget friendly option

Google Pixel 7

  • Features: Dual rear camera system, Clear Calling (eliminates background noise on calls)
  • Cost: MSRP $599, 128 GB storage
  • Other option: MSRP $699, 256 GB storage
  • Best for: A budget friendly option for those seeking a slightly larger phone

How much do Samsung phones cost?

Here are the costs and features of a selection of Samsung models:

Samsung Galaxy S24+

  • Features: Fast processing, large display
  • Cost: MSRP $999.99, 256 GB storage
  • Other option: MSRP $1119.99,  512 GB Storage
  • Best for: People who value fast processing, like gamers and artists

Samsung Galaxy S24 Ultra

  • Features: High resolution camera, lasting battery
  • Cost: MSRP $1299, 256 GB storage
  • Other option: MSRP $1659, 1T storage 
  • Best for: Everyday users concerned about battery life 

Samsung Galaxy A15

  • Features: Smaller design, lasting battery 
  • Cost: MSRP $199, 128 GB storage
  • Best for: A budget-friendly option 

If you’re leaning towards a Samsung or a Google phone, check out these tips on how to make your Android run faster and more efficiently.

Header that says “What to consider when buying a phone” and these bullet points:
Storage space
Cost
Insurance
Used/refurbished

What to consider when buying a phone

The best tip for buying a cell phone is to ask the question, “What am I looking for in a phone?” Your phone is like a pocket-sized reflection of your life and should fit your needs. You shouldn’t be forcing your budget to fit your phone cost. 

For example, if you know that you need a phone for everyday functions like calls, texts and casual photos, then the iPhone 15 with 128GB at $799 will be a better fit for you and your budget than the iPhone 15 Pro Max with 1T storage at $1499. That’s $700 saved right there. Along those same lines, if someone knows they need high storage capacity with high-res photography, then iPhone 15 Pro Max would be the better fit.

If you’re unsure about your phone needs, here’s a helpful list to help you get started assessing your needs. 

Mint Fox with graphic copy that says “Pro-tip: Decide how much storage you need before you start shopping for a new phone”

Consider a phone with less storage

For example, iPhone users have iCloud and can upload photos, texts, etc. onto your online storage space instead of paying a higher price for more physical storage on their phone.

Consider the cost of your phone plan

If you’re already paying triple digits for your phone plan, a budget friendly option may be a good fit for you. 

Consider the cost of phone insurance

 If you’re paying a lot for a new phone, you’ll want to make sure it stays protected, so the price of phone insurance could be a factor. For an affordable option, check out Mint Mobile’s Phone Protection Plan with Allstate

Consider buying a used/refurbished phone

These devices have been returned to their manufacturers and restored to original working condition. They are a financially savvy and sustainable solution to an expensive, ever-changing phone market. 

How Mint Mobile can help you save money on a phone

Mint is all about saving you money (again, that’s kinda our whole thing). If you don’t choose to bundle Mint Mobile with your phone, you can still receive a great discount on a new phone. If you do decide to bundle with a 6-month plan, you get an additional 6 months of service for free.* So your choices are either savings or even more savings, which is some good odds if you ask us. So whether you’re a senior, college student, or just looking to survive the modern cost of living, Mint Mobile has the phone for you.

*Limited time offer. New (port-in) subs. who purchase eligible device & any 12-month data plan receive a 50% discount (6 months) on the 12-month plan at checkout. Taxes & fees extra. Additional restrictions apply. See full terms for more details.

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