Gas, food, lumber, electronics, cars, homes - everything costs significantly more than it did just a year ago. Covid, inflation, the war in Ukraine - whatever the cause, prices just keep going up and up.

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It appears the next price hike will be your cell phone bill. At least one major carrier has announced they'll be moving forward with what they're calling an 'economic adjustment charge.'

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If you're a Verizon customer, you'll see one of your fees nearly double. The carrier says it will increase the 'administrative fee' for mobile users starting in June. For most users that fee is at $1.95 a month, that will go up to $3.30, an increase of $1.35. Again, this applies to voice plans (which is what most of us have), and will effect each voice line. So if you have a family plan with 4 voice lines, that $1.35 will will apply to each. The increase will not affect consumer 'data only' plans.

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But businesses will see a hike in data plans, those will go up by about $2.20 a month and basic service business plans will increase by .98 cents a month.

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So is there a way around the rate hikes? Sort of. Look at your bill. Be realistic on what kind of plan you really need. If you're paying for unlimited data, but you rarely use more than a couple gigs, you may want to downgrade.

Also, there are services out there like Straight Talk Wireless and Simple Mobile that offer low, flat rate monthly plans to fit your budget. Plus, you get basically the same service as you would with Verizon, AT&T or T-Mobile since they're using the same towers.

[News 10] [92to5mac]

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