Tipsters have told Droid Life that Verizon Wireless is getting ready to roll out a new tiered data plan structure that will hit the streets on July 7th. Essentially, they will be $5 more per data tier than AT&T’s. Here’s the breakdown:

Basic data plans:
2GB – $30/month
5GB – $50/month
10GB – $80/month

Adding tethering to any of the packages will give you 2GB more of data per month at a cost of $20 more.

Going over your package limit will cost you $10 per 1GB.

The rationale for the price increase is that the the legacy data plans were designed for a pre-iPhone world. The new levels are supposed to bring price in line with costs. Do you buy the argument or are they rolling in too much of a profit cushion into their price rejigger?

Exclusive: Tiered Data Plans Headed To Verizon July 7, Packages Start At $30 For 2GB [Droid Life] (Thanks to Tiffany!)

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.