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The iPhone 8 and 8 Plus start at $699 and $799, and are available on September 22nd

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Apple has unveiled the iPhone 8 and 8 Plus at its annual September event today, and thankfully, the less expensive iPhones of the three announced today won’t totally break the bank. The iPhone 8 will start at $699, while the iPhone 8 Plus starts at $799. Both will have 64GB of storage. That’s a price bump of $50 for both models, up from the 32GB models of the iPhone 7 and 7 Plus, but it’s worth noting that the 7 didn’t have a 64GB option.

The iPhone 8 has a 4.7-inch Retina display, while the iPhone 8 Plus has a 5.5-inch Retina 1080p display. They will both be upgradeable to a 256GB model, which will cost $849 for the 8 and $949 for the 8 Plus. (Pricing will also vary by carrier.)

The new phones are made from glass and aluminum and are water resistant. They include improved stereo speakers with deeper bass, A11 bionic chip, Apple’s own GPU, and 12-megapixel dual cameras. Most notably, they are now capable of wireless charging, which will work with any Qi-capable charging pad.

The new phones be available in three colors — silver, space gray, and gold. Apple will open preorders on September 15th in select countries, including France, China, the US, and the UK, and the phones are expected to be in stores on September 22nd. Availability broadens by September 29th to more countries, particularly in Eastern Europe and the Middle East.

Carrier-specific prices and deals:

  • AT&T is offering the 64GB iPhone 8 for $23.34/month for 24 months and the 64GB iPhone 8 Plus for $26.67/month for 24 months. But there’s an important caveat: you don’t own the phone at the end of these installment plans and will need to either trade it in for a new one or pay off the rest of the phone’s retail price.
  • Verizon has the 64GB iPhone 8 for $699.99 up front or for $29.17/month over 24 months; the 64GB iPhone 8 Plus goes for $799.99 up front or $33.33/month over 24 months. It also offers up to $300 off for new and existing customers who sign up for an unlimited plan and trade in select phones.
  • T-Mobile is offering $300 off to any customer who trades in an iPhone 6 or newer in good condition and uses a installment plan. No word on pricing yet.
  • Sprint hasn’t posted pricing information yet, but we’ll update when they do.

Update September 13th, 11:20 am: Added carrier-specific pricing information.