Actually, we are paying $40 a month for each phone on a family plan but I was making an apples to apples comparison so I said $70.

How long will your $200 phone get updates? How long will it be fast enough to run the latest apps?

If you bought a 32GB 5s in 2015 for $499, you would still be getting updates and it is still as fast as most midrange Android phones. I bought a 64GB iPhone 6s in 2015 for $749 and just recently gave it to my son. It is still going strong, and if history is any guide, it should still get updates for at least another 2 years. It’s also faster in single core performance than any but the highest end Android phones.

https://bgr.com/2015/09/10/iphone-6s-iphone-6-iphone-5s-pric...