How Much Is Verizon Fios?

Fios is a fiber optic connection to the home offered by Verizon Communications Inc. Some companies provide the highest connection speeds that can be found and, therefore, broadband appeals to many people who own homes. However, Fios also comes with the cost factor – so how expensive is it in actuality? This article will explain what the Verizon Fios pricing scheme is and what you should expect to pay.

The cost of Verizon Fios will depend on three main factors.

• Your location
• The plan you choose
• Any promotional pricing

Location Matters

It is important to note that Verizon Fios is not offered all across the country. At the moment, it can only be accessed in some areas in the Northeast and Mid-Atlantic states. However, the pricing can differ to some extent even within the areas where this service is provided. Verizon offers different tariffs based on network expenses and local competition. Thus, your neighbors could be charged a different price for the same service.

Overall, Verizon Fios is pricier in rural locations away from large city centers compared to the urban areas. The pricing is usually lowest in densely populated urban areas since there are already numerous people who already using the product. If you type in your address on Verizon’s website, they give you a quote per plan for your area. This is the most accurate that you can get for the pricing.

Plan Type & Features

The second largest determinant of Verizon Fios prices is the plan type and features that you select. Verizon Fios has four main types of plans to choose from.

• Internet-only plans
• Internet + TV and/or phone (bundling of service packages)
• Prepaid plans
• 5G Home Internet

Internet-Only Plans Internet-only Fios plans range from $39. 99/month to $299. 99/month based on the speed. The download speeds available are between 100 Mbps to a gig (1000 Mbps).

Some factors that increase internet-only pricing are

• Faster top download speeds have improved in the latest version to allow users to access their preferred content in a shorter time.
• No data caps
• Next-gen WiFi extenders

So the basic package of 100 Mbps starts from $39. 99 per month. However, any upgrade to 300 Mbps or higher will come at a much higher cost. However, Fios internet-only plans are quite simple. It is as simple as choosing the speed you prefer and then paying a fixed price for it every month.

Incorporation with TV and Phone This is where Fios pricing becomes a bit confusing. In addition to internet service, Verizon Fios also offers television service and digital phone service. Bundles are a type of special offer, where you get to pay less for several services than you would for each of them individually. They also have contract terms which ensure that the prices are fixed for 1-2 years.

Bundle package pricing can vary wildly depending on

• Number of television channels/ packages
• Movies (HBO, Star movies), sports channels
• Extra TVs require set-top boxes
• Teletext or reading features such as international calls

Considering all those factors, bundled pricing is not as transparent. In general, you can expect to pay $50-150 more per month to add basic Fios TV. And $10-30 per month to add simple home phone service. However, there is one disadvantage; it is not easy to determine the cost of bundles individually. For the precise bundled price information at your address, you will need to visit Verizon.

Prepaid Fios Plans Currently, Verizon has limited prepaid Fios choices. These make you subscribe for one or two years of service, to get the most heavily discounted prices. You also do not incur charges like contract fees, activation costs, equipment costs, and other sundry expenses.

The prepaid plans are still dependent on the exact location but the savings are massive compared to normal Fios prices.

Here is the range for prepaid Fios pricing

• $240-$360 per year for 100 Mbps internet
• The average cost to consumers was estimated at $516 per year for an internet speed of 300 Mbps.
• from $624 to $840 per year for gigabit internet

The highest tier 1 gigabit prepaid plan is also pretty affordable at $70 per month only. Wow, that is very affordable for fiber optic speeds. However, Verizon has very little availability for prepaid Fios.

5G Home Internet Verizon also recently introduced a 5G home internet service of its own as well too. This works much like Fios internet but on Verizon’s growing 5G mobile network instead of fiber. Because the infrastructure is different, 5G pricing is unrelated to Fios.

Verizon 5G Home Internet only offers one plan tier currently

• 300 Mbps speeds for $50/month
• It means that the first three months of its use are offered free of charge.
• No data caps

However, even after the promotional pricing ends, Verizon 5G Home offers a great deal. It is quite affordable to have 300 Mbps for $50 and this is relatively cheaper than most cable internet prices. Only remember that Verizon 5G Home is not very well represented in the list of available addresses, even in large urban areas, there will be gaps. But this service may grow even faster than Fios fiber which means providing rural users with an option.

Introductory Discounts Another strategic pricing benchmark that Verizon uses in setting Fios prices is the promotional rates.

It is very common for Verizon Fios to offer incentives for new customers like

• $100-200 prepaid gift cards
• Free for your first two to three weeks, 50% off the next two to three weeks.
• Free install fee, normally charged at $99.
• Access to premium channels without additional cost (HBO Max, Showtime).
• Price protection for one to three years

Such new subscriber offers can reduce your real average monthly prices by $10-$30. They will be different in terms and may not be available at all times. However, anyone who is going to sign up for Fios should attempt to try to get an intro pricing special. These discount offers assist in bringing down the usual prices which are undoubtedly high compared to the internet for homes.

In Summary

Verizon Fios runs from $40 per month up to $300 per month, depending greatly on.

• Service location
• Internet speeds chosen
• Number/type of additional services offered in bundles
• Other rebates that could be offered to a new customer

Fios has the brand image of being a premium service as it is a superior technology known as fiber internet. However, there is a wide range of plans and discounts so there is always a way to save some money. Prepaid or 5G Home also provides options that are less expensive for some. In the long run, fiber optics’ ability to offer blazing fast and reliable speeds still makes Fios slightly expensive for many homeowners.

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