Verizon’s Share Everything plan: What it will cost you

Verizon Share Everything plan

On June 28, Verizon will replace its current plans with the “Share Everything” plan, a new concept where users stop paying for voice and texts and are instead charged by device and how much data they want to share between those devices. 

It’s good and bad. Under the new Share Everything plan, everyone on Verizon will have unlimited minutes, texts, and the ability to share their data connection with other devices via hotspots (possibly tethering). However, those who have an unlimited data plan will lose that plan as soon as Verizon subsidizes a new phone or they move to 4G (if you renew without getting a new phone, you can stay, we think).

Like all Verizon plans, Share Everything is overly complicated so Verizon can suck up as much money as possible. With that in mind, we thought we’d give you a hand. We’ve done the math on a bunch of different scenarios to see how the new plans will compare to what users have been paying. We’ve stuck to phones for this test, but Verizon’s hope is that by pooling data and lowering prices ever so slightly, it can get users to buy more tablets, modems, and laptops that connect to the network. Basic info for the Share Everything Plans can be found here.

Also, check out our picks for the best Verizon phones.

Who this plan is good for, and who will pay more:

  • GOOD FOR – 1 person with a flip phone and minimum minutes/texts
  • BAD FOR – 1 person with a smartphone and minimum minutes/texts
  • GOOD FOR – 1 person with a smartphone and unlimited minutes/texts
  • GOOD FOR – 2 person family with smartphones, limited minutes/texts
  • BAD FOR – 4 person family with 2 smartphones and 2 flip phones
  • BAD FOR – 5 person family with flip phones, limited minutes/texts
  • GOOD FOR – 5 person family with smartphones, limited minutes/texts
  • GOOD FOR – 5 person family with smartphones, unlimited minutes/texts

The full price breakdowns are below for each of these scenarios. Verizon seems to have calculated this plan out so a lot of people come out even or save a bit of money. The people that lose out are those who are already skimping on minutes or data packages to save money. Those on an individual plan with one smartphone and minimum minutes and texts are losers as well. Verizon wants customers who like all you can eat.

1 person with a flip phone (minimum minutes/texts)

Believe it or not, there are folks out there with regular old flip phones. Verizon has wisely decided to randomly waive the access fee for the first flip phone. Additional basic phones are $30 a piece.

 Current Price Account access Minutes/Texts Data

$50

$00 – Flip phone 1 $40 – 450 minutes No data
  $10 – 1000 texts  
 Future Price Device Fee Minutes/Texts Data

$40

$00 – Flip phone 1 Unlimited/Unlimited $40 – 0GB to share
    (You can pay $70 for 300MB)

1 person with a smartphone (minimum minutes/texts)

verizon-wireless-moneybagIn this transition to new pricing, it’s the loners who will get killed with higher bills. If you are alone and not paying Verizon for an extra tablet or unlimited minutes, your bill is about to go up by 25-percent. This is my current plan, so I feel your pain. For those of you stuck in the “screwed” category, I’d suggest taking a look at Ting. It offers actual shared plans that aren’t full of hidden costs. Plus, the guys at Ting have a good sense of humor

 Current Price Account access Minutes/Texts Data

$80

$00 – Smartphone 1 $40 – 450 minutes $30 – 2GB
  $10 – 1000 texts  
 Future Price Device Fee Minutes/Texts Data

$100

$40 – Smartphone 1 Unlimited/Unlimited $60 – 2GB to share
    (You can pay $50 for 1GB)

1 person with a smartphone (unlimited minutes/texts)

If you’re alone, but can’t get off the phone or stop texting everybody, you could save $20 to $30 on the Share Everything plan. 

 Current Price Account access Minutes/Texts Data

$120

$00 – Smartphone 1 $70 – Unlimited minutes $30 – 2GB
  $20 – Unlimited texts  
 Future Price Device Fee Minutes/Texts Data

$100

$40 – Smartphone 1 Unlimited/Unlimited $60 – 2GB to share
    (You can pay $50 for 1GB)

2 person family with smartphones (limited minutes)

This is your typical couple. They share a medium amount of minutes, but under the current plan, they’re forced to pay $30 for each phone to have a data connection. Under the Share Everything plan, these people would save a small amount on their monthly bill, though the actual price of data has gone up. Families who were sharing 1400 minutes for $90 a month will see about $30 in savings. Unless you have a grandfathered unlimited data plan right now, the savings and benefit of having unlimited voice calls and Wi-Fi hotspots may be worth it.

 Current Price Account access Minutes/Texts Data

$160

$00 – Smartphone 1 $70 – 700 min. 1st 2 lines $30 – 2GB 
$00 – Smartphone 2  $30 – unlimited texts  $30 – 2GB 
 Future Price Device Fee Minutes/Texts Data

$150

$40 – Smartphone 1 Unlimited/Unlimited $70 – 4GB to share
$40 – Smartphone 2   (You can opt for less data)

4 person family with 2 flip phones and 2 smartphones

This entry was made for Qwertech, one of our readers. If you currently split 700 minutes and have two smartphones and two flip phones, you’ll probably end up spending about the same under the new Share Everything plan. There is an opportunity to save up to $20 on the new plan if both smartphone users can somehow split 1GB of data, but the plan is still $10 more expensive. Again, maybe check out Ting

 Current Price Account access Minutes/Texts Data

$180

$00 – Smartphone 1 $70 – 700 min. 1st 2 lines $30 – 2GB 
$00 – Smartphone 2  $30 – unlimited texts  $30 – 2GB 
$10 – Flip phone 1 $10 – each additional line  No data
$10 – Flip phone 2   No data 
 Future Price Device Fee Minutes/Texts Data

$210

$40 – Smartphone 1 Unlimited/Unlimited $70 for 4GB to share
$40 – Smartphone 2   (You can opt for less data)
$30 – Flip phone 1   (But 1GB still costs $50)  
$30 – Flip phone 2    

5 person family with flip phones (limited minutes)

These families exist. The parents may not understand or want smartphones and the kids can’t afford a data package, so they’re stuck with flip phones as well. Under this scenario, things come out more expensive under the new plan.

 Current Price Account access Minutes/Texts Data

$130

$00 – Flip phone 1 $70 – 700 min. 1st 2 lines No data
$00 – Flip phone 2  $30 – unlimited texts   
$10 – Flip phone 3 $10 – each additional line   
$10 – Flip phone 4    
$10 – Flip phone 5    
 Future Price Device Fee Minutes/Texts Data

$160

$00 – Flip phone 1 Unlimited/Unlimited $40 for 0GB to share
$30 – Flip phone 2    
$30 – Flip phone 3    
$30 – Flip phone 4    
$30 – Flip phone 5    

5 person family with smartphones (limited minutes)

Families on a budget likely opt for Verizon’s shared 700, 1400, or 2000 minute plans. These force you to watch your minutes, but they come with a much cheaper fee for adding extra lines — only $10 instead of $50 for the full-fledged unlimited minutes package. For a family like this, there is also a potential to save money with the new Share Everything plan, especially if they choose to button down and pay for less shared data.

 Current Price Account access Minutes/Texts Data

$280

$00 – Smartphone 1 $70 – 700 min. 1st 2 lines $30 – 2GB 
$00 – Smartphone 2  $30 – unlimited texts  $30 – 2GB 
$10 – Smartphone 3 $10 – each additional line  $30 – 2GB 
$10 – Smartphone 4   $30 – 2GB 
$10 – Smartphone 5   $30 – 2GB 
 Future Price Device Fee Minutes/Texts Data

$300

$40 – Smartphone 1 Unlimited/Unlimited $100 – 10GB to share
$40 – Smartphone 2   (You can opt for less data)
$40 – Smartphone 3   (But 1GB still costs $50) 
$40 – Smartphone 4    
$40 – Smartphone 5    

5 person family with smartphones (unlimited minutes/texts)

This family is the kind of family Verizon loves. They never stop talking on their phones and are paying top dollar for just about everything. If your family is large and already had unlimited voice and texts, then you will save a good amount of money by switching to this new plan. Don’t forget to make Verizon more money by adding 5 tablets to their service for only $10 a piece.

 Current Price Account access Minutes/Texts Data

$450

$00 – Smartphone 1 $120 – unlim voice 1st 2 lines $30 – 2GB 
$00 – Smartphone 2  $30 – unlimited texts  $30 – 2GB 
$50 – Smartphone 3 $50 – each additional line  $30 – 2GB 
$50 – Smartphone 4   $30 – 2GB 
$50 – Smartphone 5   $30 – 2GB 
 Future Price Device Fee Minutes/Texts Data

$300

$40 – Smartphone 1 Unlimited/Unlimited $100 for 10GB to share
$40 – Smartphone 2   (You can opt for less data)
$40 – Smartphone 3   (But 1GB still costs $50)  
$40 – Smartphone 4    
$40 – Smartphone 5    

How did you fare?

We couldn’t cover all scenarios. If you see big scenario we missed, let us know and we can add it. Is this new plan saving you money? Are you okay with giving up unlimited data to gain unlimited voice and text? Let us know.  Verizon has included a pricing calculator, for those who are having trouble understanding the whole thing. 

(A side note: None of these breakdowns include the varying access fees, charges, and taxes that usually boost your phone bill by $5 to $20)

Edit 1: I just changed all of the minutes on the limited minute Family comparisons to 700. The more minutes you use, the better the new plan will be for you. 

Mobile

The stand-alone Palm is now available, but you don’t really need it

Palm, the reinvented company carrying the name of the brand we all know, has released a stand-alone version of its tiny phone. That means you don't need another phone to use it with, and you don't need to pay for another data plan.
Mobile

Scam robocalls to hospitals could lead to a major health hazard

Robocalls can be an annoying waste of your time, but that can be a matter of life or death to a hospital. Scam robocalls are bombarding U.S. hospitals, with some centers losing hours of productivity as a result.
Mobile

Leaked Pixel 4 display sizes could mean smaller bezels on Google's new phone

Rumors abound about the Google Pixel 4, Google's next Pixel phone following the Pixel 3 and Pixel 3a. Getting around the leaks, Google straight-up teased an image of the back of the phone. Here's what you need to know.
Mobile

The best Google Pixel 2 XL cases and covers for protection and style

If you want to protect that 6-inch screen and aluminum body, it’s time to shop for the best Google Pixel 2 XL cases and covers. We've rounded up our top picks so far to style and protect your Google phone.
Mobile

Nomad’s new Kevlar cables are seriously tough and seriously fast

Nomad has just released an update to its super-tough Kevlar range of cables to include a new USB-C to Lightning cable and a blisteringly fast 100W USB-C cable. They're expensive, but they're the toughest cables you'll find.
Mobile

Rumors say Sony is making an Xperia phone with a six-lens rear camera

How many camera lenses is too many? In the current market, we've seen phones with one, two, three, and even five lenses -- and now rumors are currently saying Sony is planning an Xperia smartphone with six lenses.
Mobile

The LG V50 ThinQ will be available from Verizon starting on June 20

LG has a habit of releasing too many phones. Following on the heels of the V40 ThinQ, the company has now unveiled the LG V50 ThinQ. There's 5G support, as well as an accessory that turns it into a foldable phone.
Mobile

Your smartphone knows all your secrets. Put it on lockdown with these tips

Having your smartphone hacked can feel like someone robbed your house. It's a massive invasion of privacy and a violation of your personal space. We've put together a checklist of precautions that will help you avoid this terrible fate.
How-To

You can delete Snapchat messages in a snap with these simple tips

If you've ever sent a message to someone and wish you could delete it, Snapchat has a feature you'll like. Yes, it lets you delete messages you've already sent. There are some limitations, though. Here's how to delete Snapchat messages.
Mobile

T-Mobile and Sprint may sell $6 billion in assets to win merger approval

T-Mobile and Sprint are getting closer to merging. After a few failed attempts, the two companies announced their merger at the start of 2018. The new T-Mobile could be better positioned to take on the likes of Verizon and AT&T.
Mobile

Google may speed up the rollout of RCS Chat by taking over for carriers

What is RCS messaging? It's the successor to today's text messaging. It offers features like real-time audio, read receipts, and encryption, but adoption so far has been slow. Here's everything you need to know.
Mobile

Report: Samsung will launch the Galaxy Note 10 on August 7 in New York

According to a new report, Samsung will launch the Galaxy Note 10 at an event on August 7 in New York City. The news lines up with last year's event, which took place on August 9, and was also in New York.
Mobile

The Samsung Galaxy Note 10 may launch on August 7, according to report

The Samsung Galaxy S10 range was only just revealed, but Samsung is already working on the next big release. Not much is known about the Samsung Galaxy Note 10 just yet, but we do have a few details.
Deals

Apple drops price cuts on refurbished MacBooks, iPads, and iPhones

Apple's online storefront has some decent discounts if you know where to look. Assuming you're okay with buying refurbished, Apple has some pretty solid savings on iPads, MacBooks, Mac Minis, iPhones, Apple Watches, and more.