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Rumors regarding the price of first Google Android powered phone is spreading up. The price of the Gphone (yet to be confirmed) is going to cost $200 once the contract is done. Right now their competitor, iPhone, which contains AT&T contract, is selling for the same price. So, in order to stay in the competition, HTC and T-mobile will either have to keep the prices a bit low or same but not much than that. Also the cost of data plan is yet to be known but it might be around $30 as it is the rate of iPhone data plan through AT&T.
On September 23, T-mobile will officially be holding a press conference regarding Android, so its almost a week to finalise the things or make any last minute changes.

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