It is still a few months out, but here is the pricing I found:

– Office Professional
– $499 boxed / $349 Product Key Card

– Office Home and Student
– $149 boxed / $119 Product Key Card

– Office Professional Academic (students and teachers)
– $99 boxed

The Product Key Card is an electronic distribution (eg. no packaging or disc). Basically it is full function trialware, either pre-loaded on new computers or downloaded, that is unlocked and purchased with the Product Key Card.

– Troy @ TLC