What is the average phone bill for Verizon?
Among the largest cellular phone companies available in the US is Verizon. Having over 150 million members nationwide, Verizon offers metered data plans for individuals who utilize limited data as well as unlimited data options. Still, what is Verizon consumers' typical phone bill? We will discuss in this blog the elements influencing your Verizon phone bill and what a normal Verizon cellular bill consists of.
This article outlines the factors that have a direct influence on your Verizon phone bill.
When estimating your potential Verizon wireless bill, there are a few key factors to consider.
- Number of lines - is thus because the plans follow the lines; so, the more lines one has, the more lines one needs to pay for. Individual plans so often cost more per user than family or company plans allowing users to share data.
- Data tariffs – Verizon offers unlimited data rates as well as a tariff wherein the customer is charged depending on the data used. Whereas the limited plans have a price based on the amount of gigabytes spent, the unrestricted plans have a flat monthly access fee. This suggests that the quantity of bills one should pay increases with increasing data use.
- Device payment plans – Unlike the complete retail price, most Verizon customers would rather pay for a new smartphone in payments over 24 or 30 months rather than pay a flat amount. Your statement now includes a monthly device access charge, which covers until the phone is paid for.
- Additional Welfare Schemes – Verizon has additional welfare schemes such as insurance for the device in case it is damaged. These are the options that will cost you more on top of the regular monthly charge.
- Taxes & other fees – Beyond the plan rates, customers also pay for some Verizon charges and federal, state, and local taxes on our service. They can increase your bill by over 20 percent.
Verizon Plan Cost Breakdown
A 2022 survey by Consumer Reports revealed that the average monthly bill for a Verizon Wireless user is $148. Exxon Mobil does this by summing up what customers are paying for service across all the plans including the prepaid and the unlimited ones.
To look closer at plan tiers, Verizon itself reports these average revenue figures per account.
- For premium unlimited plans (Get More, Play More, Do More), the average monthly bill is about $180+.
- For the basic unlimited plans (Start, Just Kids), the average cost is around $80-$100 monthly.
- The average of the different plans is about $50- $60 for the metered plans and the basic phones.
In general, it will cost you between $50 and $180 per month for the data amounts, features you require, and the number of lines you need. Single-line plans offer higher monthly costs per user while multi-line, especially the family plans, are the cheapest per user.
What Can Affect Your Perfect Phone Bill?
However, the above-mentioned figures can be considered as the average costs that Verizon users pay; thus, your actual wireless bill will vary depending on your usage. Network access fees for the chosen plan, consumed data, and device payment plan can significantly affect the Verizon bill cost.
It is always recommended to use the Verizon plan comparison and account usage estimator to calculate the overall monthly cost according to the predicted usage. This can get you a quote that is more specific to your requirements. Always make sure to know the plan rates, and fees and when using extra usage charges such as data overage or international calls.
How to Win the Fight and Get the Best Rates for Your Verizon Phone Service?
There are also a few key ways to keep your Verizon service costs as low as possible.
- Utilize the multiple line and loyalty discount offers - Verizon has discounted packages for customers who have more than one line or account with the company. They also enjoy special privileges such as once-in-a-while offers on some products.
- Limit options/features – To shave off a few bucks from your bill, avoid signing up for other services that include international calling plans or additional mobile hotspot data backup. If they are not going to be used, throw them away.
- Use corporate/employer discounts – Many companies and employers are in partnership with Verizon Wireless, so it is worthwhile to check.
- Auto Pay & Paperless Billing credits – Verizon gives between $5-$10 every month to customers who sign up for Auto-Pay and paperless billing.
- Be mindful of data consumption - If you have metered data instead of unlimited data, it helps to stay in the best data package and avoid going over the limit.
Thus the average Verizon phone bill is more than $100-150 for most of its users but using the opportunities of individual plans and usage of discounts can cut the monthly payment. Verizon is a highly competitive company and assessing your usage requirements before joining their service plans will avail you of the most affordable and efficient rates.
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