How much do Verizon plans really cost?
Verizon offers a range of phone plans and packages based on customer needs and demands. Given all the options, their plans seem to be a bit complex; so, it may be beneficial to know what you are receiving and how much you would be charged per month. Verizon's primary plans are laid out here along with expected cost-wise implications.
Verizon Unlimited Plans
Verizon’s unlimited plans are with un-throttled voice, messaging, and data. There are currently three main options.
- Start Unlimited – $70 per month per line
The cheapest of all the unlimited plans. Offers unlimited talk, text, and data but the video streaming is limited to 480p, and mobile hotspot or tethering is not allowed. - Play More Unlimited – $80 per month per line
They offer 720p HD video streaming, 15GB of high-speed mobile hotspot data, and even Apple Music, Apple TV+, and Disney+ thrown in for good measure. One of the plans that Verizon has is in the unlimited plan section. - Get More Unlimited – $90 per month per line
The premium unlimited plan. Boosts video streaming to 1080p HD and increases mobile hotspot data to 30GB. It also comes with some perks like Apple Music subscription, Disney+ subscription, and Discovery+ subscription. Recommended for individuals who will be using large amounts of data.
Therefore, the fact they are labeled as ‘Unlimited’ there are certain nuances in data speeds and bonuses where the plans are different and which one should note.
Verizon Prepaid Plans
In addition to postpaid unlimited plans, Verizon offers prepaid plans that let you pay upfront each month for a set allotment of data.
- $30/month for 5GB
- $40/month for 15GB
- $50/month for 30GB
These offer you lower monthly prices in exchange for limited as opposed to technically unlimited data. Still, it could be beneficial for light smokers who want to save money on cigarettes.
Taxes and Fees
After the monthly charge has been determined, taxes and fees are also included in all Verizon plans. These can add 10-20% extra per month. There are several standard fees.
- Federal Universal Service Charge A tax that is levied under the Federal Communications Commission for the provision of universal services to consumers in the United States.
- Regulatory Charge
- Administrative Charge
- Local charges and levies
That means a $50 prepaid plan is $60-$65 because of those fees. They should be factored into the total cost when determining your cell phone plan expenses.
Family and Group Plans
Verizon offers account-level discounts to families or groups of people in the sense that, when you sign up with multiple lines, you pay a certain amount of money in common, rather than everyone paying separately. In general, every single line will be $10-$20 cheaper per month just because they are in the same bundle.
Therefore 5 lines that would have cost $50 each can be reduced to about $30 per line depending on the account that they are under.
This can be translated to more than $100 monthly savings for large families who are migrating from individual plans to shared ones. This means that each line does have to be on the same type of plan whether it be unlimited or prepaid.
In summary, Verizon plans can range from.
- $30/month (5GB, pay as you go) – For personal use only
- $70-$90/month for unlimited usage – for individual users only
- $15-$30/month per person – Family/group of 4 $120-$180/month (unlimited)
If you sum up all the lines, fees for accounts, and taxes the families can be spending $200-$300 a month for the cell phones.
However, when it comes to shopping plans, it is advisable to start with the per-line monthly charges before considering whether or not you’re eligible for the bundled discounts. This will provide you with the purest form of price comparison between the products. Verifying total prices per line is the only method to save and get the most economical Verizon cell phone plan.
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