Optimum and Verizon are priced very closely for comparable services in locations where they compete. Verizon has a very attractive $25/mo. 5G Home Internet plan if you live where Verizon offers fixed wireless service. If so it can be a great deal if the speeds you can get from fixed wireless are adequate for your needs. Optimum has a $40/mo. plan for cable or fiber internet. Both companies offer appealing bundle deals where you buy internet and mobile phone service together.

To get the cheapest rate from Optimum or with Verizon consider bundling mobile phone and internet services. This approach allows you to obtain both the lowest phone and internet prices. These budget-friendly plans often come with stipulations, such as the use of AutoPay and opting for paperless billing. With Optimum, be aware that the introductory low price may increase substantially after a 12-month period, whereas Verizon offers price locks to maintain your rate for either two or four years.

Verizon offers three types of internet service depending on where you live. Fios Home Internet is a fiber-optic internet connection where available; Verizon 5G Home Internet, and Verizon LTE Home internet, are each fixed wireless internet connections that pick up the internet from nearby phone towers.

Optimum offers either cable internet or fiber internet depending on your location.

New Optimum customers can get the Optimum 300 plan bundled with a new mobile line for $45/mo. The Optimum 300 deal has download speeds up to 300 Mbps and upload speeds up to 20 Mbps. You can also get just the internet with Optimum with 300 Mbps of speed for $40/mo.

Verizon 5G Home Internet (fixed wireless) plans start at $25 per month for download speeds of 85-300 Mbps. If you bundle with a qualifying mobile phone plan your monthly cost would be $49.99 and you can lock in your price for two years. Verizon LTE Home Internet plans start at $35/mo. if you bundle with qualifying 5G mobile plans. Verizon Fios fiber optic plans start at $49.99/mo. and include up to 300 Mbps of speed. Certain Verizon phone plans if bundled can knock that down to $25/mo. for Fios.

Bear in mind that cheapest on day one may not be cheapest in the longer run.