How much is the average bill for Verizon?
What is the Average Verizon Phone Bill?
Verizon is one of the leading mobile operators in the United States and has millions of regular customers. Due to the availability of many plans for people, families, and companies, Verizon is popular among people for the stability of the network and its coverage. However, Verizon plans are comparatively more costly than the other service providers in the market. But how much is the average monthly bill of a Verizon customer? Let's break it down.
Verizon Wireless Products and Services
For both prepaid and postpaid policies, Verizon offers cellular services including mobile phones and iPads. Compared to postpaid services, which have somewhat large costs but with some flexibility and advantages, prepaid services are less expensive and less charged.
Verizon has a prepaid option wherein the basic unlimited talk and text is $30 per month but data is not included with the basic plan. You will have to pay at least $40 a month to have a data allotment so you may search the internet on your mobile phone. Regarding unlimited calls, texts, and data, the best-prepaid plans only cap at $85 per month.
Postpaid plans come with Verizon's unlimited basic plan for a single line at $70 monthly. This is because it has unlimited talk, text, and data but the video streaming is limited to standard definition. While the basic HD streaming and 5G Ultra Wideband access are available at $80 for one line, the premium Unlimited plan is priced at $90 for one line. The per-line fees are slightly lower with the more lines you add and for four lines the monthly cost stands at $55 – $80 per line depending on the plan. Extra monthly device fees will also be charged if you lease a phone from Verizon and use the device check rather than paying the total amount of the phone’s price through device financing.
Taxes and other charges usually increase the cost by 15-20% every month depending on your location thus increasing the average monthly charges. For an individual with an unlimited postpaid plan, the average cost per month should range between $85 to $95 if you choose a premium data plan and a new phone payment plan. For families with multiple lines, you may end up paying between $150 – $300 per month for lines, devices, and fees depending on the number of users and data amounts.
What influences your Verizon bill?
Several key factors contribute to your overall Verizon wireless monthly charges including.
- Number of lines – The prices for plans with multiple lines are usually cheaper per line, so if you have at least two or more users, go for family plans.
- Data usage requirements – Prepaid unlimited data plans can cost up to $85 per month while postpaid plans are $90 or more for high-speed data access, HD video streaming, and 5G services. For more data to be purchased it will attract a higher price.
- That monthly fee - is around $20-40 depending on the model of the phone or tablet and is incurred if a 12-24 month device payment plan is chosen vs full retail price. When consumers pay full retail price they do not have to pay any device fees. Selling old devices also contributes to reducing upgrade costs.
- Insurance and other enhancements – Features such as device insurance, expanded cloud storage, overseas calls and more are all a few dollars each month per option. These are additional services that when incurred, quickly add up to the overall bill amount.
- Taxes and carrier fees - 15-20% per month is added to the subtotal depending on where the consumer is located in addition to carrier fees including maintenance and administrative costs.
To understand how much exactly each wireless carrier will be charging, it is important to look at the small print when comparing different wireless carriers. Some cheaper plans advertised earlier have extra taxes and fees that come with the plan only after you subscribe to the Verizon service, thus it aids in setting realistic expectations of the total bill costs when choosing Verizon service by adding about $20 for every line on top of the base plan prices.
Here are some ways to reduce the amount you spend on your Verizon bill
If your Verizon bill seems higher than expected, there are a few ways you may be able to reduce your monthly charges and avoid overpaying.
- Review usage and adjust wireless plan if needed - It is also seen that the usage details of unlimited data customers may be persuaded to opt for lower cost metered shared data allowance to pay for only the consumed amount.
- Sign up for autopay/paperless billing - Verizon will give you a $10 monthly bill credit if you authorize monthly automatic payments instead of paper bills. Another $5 would be cut off monthly when going paperless.
- End device payment plan early – Do not go through months of charges on the device financing if you can simply pay it off early. Buy a cheaper refurbished or second-hand device at full retail price rather than having a device on an installment plan.
- Use the loyalty and seasonal bonuses – the current Verizon subscribers receive promotional emails with certain limited-time up to 25% off on monthly plan rates if you call the company and ask them to apply the given offer to your account.
- Take advantage of employer, student, or military discounts – Many organizations have partnerships with Verizon offering them 8-25% off their select plans that employees or students can benefit from; this does help to reduce the average Verizon phone bill costs with regards to work/school-related savings.
Keep in mind that promotional deals are often temporary and there may be different options throughout the year, and these can depend on your affiliation with an employer, school, or military when you begin your service or when asking for your monthly bill. Thus, tracking all the components that make up your total Verizon wireless charges can help you look for methods to reduce the charges that you incur every month while maintaining and enjoying your mobile and data experiences.
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