Updated: iPhone 7 price: how much does Apple's new iPhone cost?

iPhone 7 price

The iPhone 7 and iPhone 7 Plus are now official with some impressively upgraded spec and a few tweaks to the design. It's finally waterproof and the headphone jack is gone.

Good news: even though Apple is updating the new iPhone specs and internal storage options, the starting prices aren't going to change dramatically from what you would have paid for an iPhone 6S.

Here's everything we know so far about the iPhone 7 and iPhone 7 Plus price in the US, UK and Australia.

iPhone 7 deals: how much should you expect to pay?

How much will iPhone 7 cost?

The unlocked iPhone 7 price in the US, UK and Australia are set to remain relatively stagnant, although the value has actually increased since Apple has wisely doubled the internal storage options.

It'll start at $649 (£599, AU$1,079) for a 32GB version of the phone, but it'll also be available in 128GB and 256GB versions as well. Gone is 64GB and the insufferable 16GB.

The 128GB version of the phone costs $749 (£699, AU$1,229) while the 256GB version comes in at $849 (£799, AU$1,379).

How much will iPhone 7 Plus cost?

If you want the larger iPhone 7 Plus SIM-Free, it'll cost $769 (£719, AU$1,269) for the 32GB configuration. That means you're paying $120 (£120, AU$190) more for the 5.5-inch Plus version.

The 128GB version then costs $869, (£819, AU$1,419) while the 256GB costs $969 (£919, AU$1,569). All of this is $20 more than last year's iPhone.

iPhone 7 price in the US?

The iPhone 7 price in the US needs a special note, as always, because carriers like Verizon, AT&T, T-Mobile and Sprint have almost completely done away with two-year contracts in stores in years past.

While the carrier monthly plan breakdown fees haven't been officially announced yet in all cases, we can strongly lean on the iPhone 6S launch prices to get an idea of how much iPhone 7 will cost.

iPhone 7 price

AT&T requires you to either buy the phone in full at $649, or sign up with AT&T Next starting at $25 a month for 30 months. It's $31.25 per month plan lasts a more reasonable 24 months, and you can turn in the phone after 12 month to upgrade to the iPhone in 2017.

T-Mobile charges the full amount of $649, or asks for $27.09 a month for 24 months. If you have an iPhone 6 or above that is in good, working condition, you can get the 32GB iPhone 7 for free. Of course, the fine print details that you have to commit to a 24 month contract in order to get the deal. The iPhone 7 Plus requires $120 down, but the same trade-in deal applies here, too.

Verizon is likely to set the iPhone 7 price at $649 in full, with a $27.08 monthly payment plan for 24 months. Currently, it still offers two-year contracts, but only through the official Apple Store.

Sprint has the most iPhone plans, and that's likely to continue with the iPhone 7, costing $27.09 a month over 24 months, $26.39 a month over 18 months or $199 upfront with a two-year contract. It starts things off at $649 in full for a new iPhone.

Additionally, Sprint is accepting trade-ins for a free iPhone 7. According to a press release, it'll take your working iPhone 6, iPhone 6s, Samsung Galaxy S7 or Samsung Galaxy S7 Edge in exchange for the iPhone 7, but it's unclear at this time if you'll owe anything additional upfront.

Of course, Apple has its own iPhone upgrade program, starting at $27.04 or $32.41 a month. The latter option includes AppleCare+ and the ability to upgrade to the next iPhone after one year.

US carriers are still confirming iPhone 7 pricing, so we'll be sure to update here as soon as we know more.

iPhone 7 price in the UK?

All the major networks now have pre-orders open for the iPhone 7. O2 has a deal for 3GB of data, unlimited minutes and texts for only £59.99 upfront and £46.50 a month after that.

While Vodafone's cheapest deal comes with 5GB of data, unlimited calls and texts but will cost you £150 upfront and a monthly cost of £43.

EE has a 5GB deal for the iPhone 7 at £49.99 upfront and £50.99 each month after that. Plus Carphone Warehouse has also opened up pre-orders and is pushing a deal from Vodafone including 3GB of data for £42 each month and £79.99 upfront.

iPhone 7 price

BT Mobile is stocking the iPhone 7 with 3GB of data for £49 a month and an £80 upfront cost. Pre-orders for the iPhone 7 aren't up yet on Three's website but you can register your interest in the phone.

iPhone 7 price in Australia?

The iPhone 7 price in Australia is unlikely to see an increase since there was a significant bump in the cost a year ago. Apple isn't expected to charge more two years in a row. So far we don't have any official pricing for the phones though.