What is the cheapest Verizon phone plan for 2015?

Verizon Wireless' least expensive plan for basic phone services is its Basic Phone prepaid plan, which costs $35 per month, as of 2015. This plan provides unlimited talk and text and up to 500 megabytes of high-speed data over the network.

Verizon Wireless's prepaid and contract phone plans are very similar in cost and services for smartphones, but the cheaper basic service plan is only available via prepaid services. A single smartphone on contract costs $45 a month with unlimited voice and text and 1 gigabyte of high-speed data, as does the same level of service from a prepaid phone plan.