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The discounts are usually around $100 bucks though they do vary and the monthly charge stays the same as long as you don't change your plan.
edit: Upgrade pricing usually brings high end smartphones to around $200 most likely a little more for LTE devices. i.e. the Bionic is $270 at upgrade price, the thunderbolt is $220, the iphone is $200 and so forth.
It's usually more than $100 discount. Best thing would be to go online to VZW... login to your account and see what the discounted pricing is for the phones you are interested in.
You have to keep in mind that the retail cost of phones are between $450 and $600. So $2-300 is a substantial savings.