How much does it cost to cancel a 2 year contract with Verizon?

[anon]

I've had my phone for a few months now, yet I don't use it too much. I only use it for a couple games, Twitter messages, an alarm clock, and Internet on the go. I was wondering how much it'd cost to cancel the phone? Would it end up saving more money in the end? Or should I just stick it out? I was thinking that instead I should just buy an iPod touch.
Thank you