Price watch: Moto 360 smartwatch may be cheaper than expected

Motorola's contest rules may have just outed its watch price

Moto 360 watch price

The Moto 360 watch may be as stylish as it is affordable, according to Motorola's own words that peg the wearable at just $250 (about £148, AU$271).

This cheaper-than-expected price can be found within the official rules of a Motorola contest that asks anxious Android Wear fans to design a Moto 360 watch face.

One grand prize winner will receive the Moto 360 for free, notes the the legal documents that claim it has an "average retail price" of $249.

But really, we're all winners already because this dapper-looking smartwatch won't cost nearly as much as some have estimated.

Moto 360 cheaper than prior estimates

Moto 360 has previously been rumored to cost as much as $340 (about £200, AU$365), which is a price estimate converted from a French source that cited a €249 price tag.

That's awful steep for a tethered device that can't make phone calls on its own, especially when compared to the similarly fashionable Pebble Steel costs $229 (about £136, AUS$244).

The Moto 360 would naturally cost a little bit more thanks to nifty features like a circular watch face and newly confirmed wireless charging via magnetic induction.

Expect to hear more about the Moto 360 and rival LG G Watch next month, as Motorola's watch face design contest ends and Google IO 2014 begins.