Cell Phone Service Analysis: Pay as You Go vs. Monthly Contract Plans

So when’s it cheaper to pay as you go rather than be bound by a long-term service contract?

While the contract route is prevalent in the U.S., pay-as-you-go plans are building steam by touting ultimate flexibility and fair pricing even when your cell phone habits change drastically.

In this cell phone service analysis, I outline an apples-to-apples comparison of two popular pay-as-you-go providers – Virgin Mobile and Verizon Wireless – and clearly show what it’d cost for the same amount of minutes.

I then compare this conclusion to the same scenario with a contract-based plan. Which comes out as the superior victor? Read on to learn more.