The iPhone 16 series is expected to arrive in September 2024. Besides the design changes and specification upgrades, one of the biggest questions looming over the upcoming iPhone is “How much the iPhone 16 would cost”? This year, the standard iPhone 16 models are also likely to get some upgrades, the most prominent being Apple Intelligence features. With AI playing a huge role in the iPhone 16’s appeal, we aren’t expecting any massive hardware upgrades that would lead to unwanted price hikes. While we don’t have the exact iPhone 16 price details yet, we can make some predictions based on rumors and Apple’s actions in the past.
How Much an iPhone 16 Would Cost
| Storage | iPhone 15 | iPhone 16 Predicted Price |
| 128GB | $799 | $799 |
| 256GB | $899 | $899 |
| 512GB | $1,099 | $1,099 |
Apple would never launch a new iPhone model that’s priced lower than its predecessor. The iPhone 15 arrived with a price tag of $799 for the 128GB model, so you’ll have to pay at least that price for the iPhone 16. Initially, there were some rumors that Apple might switch to an affordable production process for the A17 Pro chipset, but we aren’t expecting any price drops.
Also, there’s another side of the story. Since the iPhone 16 will support Apple Intelligence which the iPhone 15 isn’t capable of, a lot of people may think that the iPhone 16 will be expensive than the iPhone 15. Fortunately, that doesn’t seem to be the case. For the past few years, the starting price of the standard iPhone has remained constant. Starting from the iPhone 12, every baseline model has been released with a $799 price tag.
The upcoming iPhone 16 is likely to arrive with the same size, display technology, camera system, and other features as the iPhone 15, there are no such upgrades to justify a price bump. We expect the iPhone 16 would cost $799 for the 128GB model.
How Much an iPhone 16 Plus Would Cost
| Storage | iPhone 15 Plus | iPhone 16 Plus Predicted Price |
| 128GB | $899 | $899 |
| 256GB | $999 | $999 |
| 512GB | $1,199 | $1,199 |
The iPhone 16 Plus cost depends on the price of the iPhone 16 model. If the iPhone 16 gets a price increase or decrease, it will also be reflected across the iPhone 16 Plus models. Unless Apple makes some significant hardware upgrades, the price of the iPhone 16 and 16 Plus will remain unchanged in comparison to the iPhone 15 and 15 Plus respectively. So, the iPhone 16 Plus will cost you $899 for the 128GB model.
How Much an iPhone 16 Pro Would Cost
| Storage | iPhone 15 Pro | iPhone 16 Pro Predicted Price |
| 128GB | $999 | $999 |
| 256GB | $1,099 | $1,099 |
| 512GB | $1,299 | $1,299 |
| 1TB | $1,499 | $1,499 |
Unlike the iPhone 16 and 16 Plus, the iPhone 16 Pro models are likely to get more upgrades, and hence there are chances for a price hike. Since the launch of the iPhone 12 Series in 2020, the price of the Pro model has also remained at $999.
This year, Apple is likely to launch the iPhone 16 Pro and 16 Pro Max with bigger display sizes. The iPhone 16 Pro is likely to feature a 6.27-inch display with super-slim bezels, compared to the 6.12-inch display on the iPhone 15 Pro. Whereas, the maxed-out iPhone 16 Pro Max is speculated to be the largest-ever iPhone with a 6.86-inch display. However, this alone doesn’t qualify for a price increase. At the moment, there are no other significant upgrades in the cards of the iPhone 16 Pro.
It’s worth knowing that Apple might drop the 128GB storage option for the iPhone 16 Pro, just like it did with the iPhone 15 Pro Max model last year. This would increase the price by $100, raising the starting price to $1,099. Also, there’s a possibility of a 2TB option, which might cost $200 more than the 1TB version. To sum up, if Apple plans to add some other upgrades or drop the 128GB model, the iPhone 16 Pro might have a starting price of $1,099.
How Much an iPhone 16 Pro Max Would Cost
| Storage | iPhone 15 Pro Max | iPhone 16 Pro Max Predicted Price |
| 256GB | $1,199 | $1,199 |
| 512GB | $1,399 | $1,399 |
| 1TB | $1,599 | $1,599 |
| 2TB | – | $1,799 |
Last year, Apple launched the high-end iPhone 15 Pro Max at $1,199, which is $100 more than its predecessor. The Cupertino tech giant dropped the lowest 128GB storage option, making 256GB the new baseline for the Pro Max models. This year, we might see a price hike again. There were some rumors that Apple might use a more advanced and expensive camera lens for the iPhone 16 Pro Max. If this turns out to be true, brace yourself to see an even more expensive iPhone Pro Max model. However, it’s a pretty old leak, so it may not be accurate.
Just like the iPhone 16 Pro, the iPhone 16 Pro Max is also likely to make an entry with a bigger display. Other than these changes, there are no significant upgrades on the cards. So, we expect the iPhone 16 Pro Max to be priced very closely to the current iPhone 15 Pro Max model, starting at $1,199 for the 256GB option. Also, we might see a 2TB iPhone 16 Pro Max model, which would make it the most expensive iPhone model of all time.
That was all about the iPhone 16 price predictions. Apple will introduce its iPhone 16 lineup in September 2024. For now, it seems Apple won’t increase the iPhone 16 prices. We expect Apple to launch the iPhone 16 and 16 Pro models with prices similar to the iPhone 15 lineup. However, if the production costs continue to rise and Apple plans to pass on the increased cost to its customers, we may see a price increase across the entire iPhone 16 lineup. Also, you never know Apple may shock its users with unexpected price hikes, as of now that’s not very probable.
