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Nexus One is way cheaper than iPhone

Money isn't everything. But $600 a year isn't pocket change.

This just in from the folks at BillShrink: An updated comparison of the hardware and service costs of various smartphones.

BillShrink compares the new Nexus One to the iPhone BillShrink

The main figure is the second line from the bottom. Over two years (the length of a service contract), the unlimited voice and data plan plus the cost of the subsidized phone is $3,799 for an iPhone on AT&T, but only $2,579 for a Nexus One on T-Mobile. That means the Nexus One will cost you $610 less a year. You will want to buy an 8 or 16GB memory card for your Nexus, so let's round it down to $600, shall we?

Also check out the Droid on Verizon. Ouch. Let's hope that when the Nexus One comes to that carrier it's competitive with T-Mobile.

Of course, money's not everything (or if it is, check out the Palm Pre). T-Mobile is not the country's best carrier, and the iPhone has a better integrated music store and way more apps. But the Nexus One plan forces you to ask what you're getting for the extra money the iPhone costs.

The useful BillShrink site has other money-saving ideas, too.