For individuals, Verizon offers a cheaper basic plan for roughly $30 per month with 1GB of data, as of 2015. Sprint's cheapest individual plan is approximately $60 per month, but it includes unlimited talk, text and high-speed data.
Verizon's plan is the same for individuals or families with the exception that it gears plans with larger amounts of data at families. There are four sizes of Verizon wireless plans: small, medium, large and extra large, with relative costs ranging from $30 to $80 per month. All sizes include unlimited talk and text.
Verizon plans offer 1GB, 3GB, 6GB and 12GB of data, respectively. Verizon allows customers to switch plans at any time without penalties.
Sprint's family plan includes four separate phone lines and 10GB of data to share for about $100 per month. Customers can add 40GB extra for roughly $20. Family plans begin as a low as $20 per month for 1GB of shared data. Sprint frequently runs specials for existing and new cellular customers, such as service credits for leasing select smartphones.
Sprint also buys out contracts for customers who wish to switch to Sprint despite having an existing arrangement, as of 2015. The offer requires registration and a wait of about 15 business days for the receipt of a reward card.