Verizon iPhone Costs $199 For 16GB, $299 For 32GB… With Tethering!

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We know that the Verizon iPhone 4 will be almost identical in hardware to the AT&T iPhone 4. We know it’ll launch on February 10th. But what will it cost, and when will it be available to pre-order?

First the price: the 16GB Verizon iPhone 4 will cost $199, the 32GB will cost $299 with a mobile hotspot included that can support up to five devices. That’s a big perk: unlike AT&T’s iPhone 4, you get tethering!

As for pre-orders, Verizon is giving its existing customers a week’s window to pre-order the device starting February 3rd. Come February 10th, orders will be open to all customers on both Verizon and Apple’s official website.

One thing that no one mentioned? Unlimited data. It appears that the Verizon iPhone 4, despite everyone’s hopes, will not be the exception to Verizon Wireless’ tiered mobile data approach. Pity.