The Lumia 822 by Nokia is the budget priced phone recently released with Windows Phone 8 on Verizon. The price is reasonable, but the internals are that of a much higher priced phone. The Lumia 822 has a dual-core 1.5Ghz processor, 1GB of RAM, 16GB of internal storage, wireless charging and more. The phone is really nice and has a solid build to it.
Lumia 822 on Verizon: http://solutions.vzwshop.com/windowsphone/#nokia-lumia-822/nokia-music