Umm so guess we’ll have to start saving now because the exact price of the new iPhone 8 has been leaked, and it will seriously crush all your hopes and dreams.

According to Nikkei, there will be a somewhat massive price increase for the new iPhone 8.

The upcoming iPhone will cost $1430.59 NZ, whereas the iPhone 7 only cost $927.81 NZ when it was released last year.

To put that in perspective for you… that’s a whopping 54% price increase.

You may now go and have a big fat cry in the corner.