The cheapest right now is $65/mo (or $75/mo until you enroll in paperless billing) plus a $35 activation fee. A similar deal is available on the iPhone 14 Plus, which is also the subject of a ...
Even the iPhone SE is not actually budget-friendly, but more like for "mid-range" money. The approach you should take if you want a relatively cheap iPhone in 2024 is to go for a slightly older model.
See at Amazon Best cheap iPhone: iPhone 14 - See at Verizon Best cheap iPhone alternative: iPhone SE (2022) - See at Verizon Best camera: Google Pixel 8a - See at Amazon Best battery life ...