Verizon vs Spectrum Price Breakdown

verizon vs spectrum

The decision between Verizon and Spectrum depends on fiber and cable options. Spectrum is famous for cable internet, offering faster speeds than DSL, where fiber isn’t available.

Some areas have Spectrum fiber but are limited to regions without competing fiber providers.

Choose Verizon Fiber if it’s available. Customers rate Verizon higher in satisfaction, and it often costs less while providing faster speeds than Spectrum.

CategoryVerizon Home InternetSpectrum
Best ForSpeedAvailability
Price$49.99-$109.00/month (Auto Pay)$25-$70/month
Customer Rating3.9/5.03.7/5.0
Speed Range300-2,300 Mbps50-1,000 Mbps (wireless varies)
Internet TypeFiber, DSLCable, Fiber
Contract RequirementNoneNone
Data CapUnlimitedUnlimited
StrengthsUltra-fast fiber speedsThere is no extra charge for the modem
No yearly contractsNo yearly contracts
No data limitsNo data limits
WeaknessesService available in limited areasExtra monthly fee for WiFi
No DSL for new customersFiber coverage is limited.
Prices go up after one year

Verizon vs. Spectrum: Pricing and Plans

Verizon and Spectrum offer similar prices for 300Mbps, 500Mbps, and gigabit plans. However, unlike Spectrum, Verizon stands out by not increasing prices after a year. It also provides faster download speeds compared to Spectrum.

Verizon’s Pricing and Plans:

PlanPrice (with Auto Pay)SpeedConnection Type
Fios 1 Gig$89.99/monthUp to 940 MbpsFiber
Fios 300 Mbps$49.99/month300 MbpsFiber
Fios 500 Mbps$74.99/month500 MbpsFiber
Fios 2 Gig$109.00/month1,500-2,300 MbpsFiber
5G Home$60.00/monthUp to 300 MbpsFixed Wireless
5G Home (with 5G plans)$35.00/monthUp to 300 MbpsFixed Wireless
5G Home Plus$80.00/monthUp to 1,000 MbpsFixed Wireless
5G Home Plus (with 5G)$45.00/monthUp to 1,000 MbpsFixed Wireless
LTE Home$60.00/monthUp to 50 MbpsFixed Wireless
LTE Home Plus$80.00/monthUp to 50 MbpsFixed Wireless

Verizon provides fewer wired internet plans than Spectrum. Spectrum currently lacks cable or fiber options with multi-gig speeds. If high-speed internet is your priority, Verizon is faster and more affordable.  

Verizon includes fixed wireless plans with speeds reaching 1,000Mbps. Spectrum does not have fixed wireless options.

Spectrum pricing and plans:

PlanPriceSpeedConnection TypeEligibility
Internet Assist$25/monthUp to 50 MbpsCableFor qualifying households
Internet Advantage$30/month (12 mos)Up to 100 MbpsCableFor qualifying households
Internet Premier$60/month (12 mos)Up to 500 MbpsCable and FiberOpen to all
Internet Gig$70/month (12 mos)Up to 1,000 MbpsCable and FiberOpen to all

Verizon serves mainly the northeastern region, while Spectrum operates across the country.

Spectrum is best known for cable internet but offers fiber-to-the-home in new areas where other fiber providers are absent. 

Even with cable internet, only the final connection uses cable TV lines, as Spectrum’s leading network relies on fiber.

Spectrum’s primary issue is its price increases. It offers low promotional rates for 12 months, but prices can rise by up to $25 monthly afterward. Verizon avoids promotional discounts and provides affordable rates from the beginning.

Verizon vs. Spectrum: Offers and Discounts

ProviderOffer Details
VerizonGet a free Xbox Series S, Xbox gaming bundle, or one year of Xbox Gaming Bundle with select plans (valid until Dec. 1). Switch to Verizon and receive up to $500 for covered cancellation fees.
SpectrumEnjoy a 90-day free trial of Peacock Premium with eligible internet plans.

Extra Charges: Verizon vs Spectrum

CategoryVerizon Home InternetSpectrum
Equipment FeesNo equipment fee$7.00/month for WiFi (free with Internet Gig plan)
Equipment Fees$3.00/month per WiFi Pod
Equipment FeesThere is no charge for the modem or gateway
Installation$99.00 for setup (free if ordered online)$59.99 for professional installation
Installation$24.99 for self-installation and activation
Installation$49.99 for WiFi Pod installation
Other Fees$7.00 phone payment processing fee$5.00 phone payment processing fee
Other Fees$9.00 late payment fee$8.95 late payment fee (applies after 21 days)
Other Fees$25.00 for insufficient funds
Other Fees$9.99 to reconnect internet service
Other Fees$4.99 to reconnect TV service
Other Fees$19.99 to upgrade equipment for the Internet Gig plan

Spectrum does not include a modem rental fee. It applies a $7 monthly charge for WiFi, whether using its router or a wireless gateway. Avoid the charge by purchasing your router.

Spectrum has removed the $199.99 activation fee and reduced the monthly cost for gigabit internet.

The plan is now more budget-friendly for those needing gigabit speeds in areas without Verizon fiber. Verizon remains the faster, cheaper, and more dependable choice if available.

CategoryVerizonSpectrum
Overall Score3.93.7
Reliability43.7
Customer Support3.93.7
Internet Speed43.9
Pricing3.63.3

A recent survey ranks Verizon as the second-best among 15 internet providers for overall satisfaction. Customers gave it the top rating for reliability, likely because fiber is more dependable than cable or DSL.

Its lowest scores are in speed and price satisfaction. However, Verizon still ranks in the top three in all survey categories. Customers trust Verizon’s fiber internet for solid performance.

Spectrum ranks seventh out of 15 providers in overall satisfaction in the same survey. It also holds seventh place in most categories, except for speed satisfaction, where it is sixth. 

Pricing remains a concern with Spectrum, especially when compared to AT&T, Verizon, or Frontier, which avoid price increases after the first year. Spectrum raises prices by about $25 after 12 months.

Top TV and Internet Packages

Package NameTV ChannelsInternet SpeedMonthly Price
Verizon Fios + Fios TV325+300-2,300 Mbps$159.98 with AutoPay
Verizon Fios + YouTube TV100+300-2,300 Mbps$112.98 with AutoPay
Internet Premier + TV Select150+Up to 500 Mbps*$125 for 24 months
Internet Gig + TV Select Plus160+Up to 1,000 Mbps*$145 for 24 months

Verizon does not provide a standard discount for combining services. You can include TV, streaming, and other benefits with your internet plan.

The perks available through Verizon include Walmart+ (with Paramount+), Unlimited Cloud Storage, and additional options.

Spectrum does not give a discounted rate for bundling TV and internet. You can combine its TV Select package with two internet plans.

Both services have lower prices for the first 12 months, but premium channels require extra payment.

Types of Internet: Verizon vs. Spectrum

ProviderInternet Type
Verizon Home InternetFiber, DSL
SpectrumCable, Fiber

Verizon offers the slowest speeds with its DSL service. It relies on existing phone lines and has a maximum download speed of 140Mbps. New customers cannot sign up for DSL with Verizon.

Spectrum’s cable internet is faster than DSL. It can technically reach speeds up to 10,000Mbps, but the highest available plan is currently 1,000Mbps.

Spectrum plans to upgrade to 10G Platform technology in the coming years, similar to Mediacom.

Fiber internet from both Spectrum and Verizon delivers the best performance. Verizon’s fiber plans are faster and stay the same prices after 12 months, unlike Spectrum.

Data Caps: Verizon vs. Spectrum

ProviderData Caps
SpectrumNo limits
Verizon Home InternetNo limits*

Verizon and Spectrum currently avoid using data caps, but Spectrum’s approach might shift in the coming years.

2016 Charter agreed with the FCC to avoid data caps and usage-based pricing. The agreement supported Charter’s acquisition of Time Warner Cable and Bright House Networks.

That agreement expires in May 2023. Charter tried to end the deal two years early but later withdrew the request. In its response to the FCC, Charter suggested that data caps and usage-based pricing could benefit customers.

Contracts: Verizon vs. Spectrum

ProviderContract Required
SpectrumNo contract
Verizon Home InternetNo contract

Verizon and Spectrum do not require annual contracts or charge early termination fees. Spectrum provides discounted rates for the first 12 months based on your location. 

You can cancel the discounted plan anytime after the first month without extra charges. These are promotional offers designed to attract new customers to Spectrum.

Installation: Verizon vs Spectrum

ProviderInstallation TypeCost
VerizonStandard Installation$99 (free for online orders)
SpectrumProfessional Installation$59.99
SpectrumSelf-Installation$24.99 (includes activation)
SpectrumWiFi Pod Installation$49.99

Verizon does not offer a self-install kit. You can avoid the professional installation fee by ordering Verizon service online. Spectrum does not provide a similar installation discount.

Spectrum recommends its self-install kit for new customers instead of professional installation. A technician is sent only for new installations, modem relocation, or rewiring tasks.

Availability: Verizon vs Spectrum

Verizon offers DSL internet in most of its coverage areas. Its fiber network is more petite and serves major cities in Delaware, New Jersey, New York, Maryland, Massachusetts, Pennsylvania, Rhode Island, Virginia, and Washington, DC.

Spectrum has more comprehensive coverage across North America. It delivers cable and fiber internet in states like California, Florida, Kentucky, Maine, New York, North Carolina, South Carolina, Ohio, Texas, and many others.

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