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You may be able to lower the bill - 2 iPhones and 3 basic, on the More everything, will be $170 line access ($40, $40, $30, $30, $30), but you said 3 lines are out of contract - if either of the two iPhones are the ones out of contract, you can cut $10 or $25 a month off the line access for each of those out of contract smartphones.
10 GB data for the two iPhones is a lot - but that's $100, so a total of $270, with taxes is close to $300. But if either of the two iPhone lines is out of contract, you can cut $25 off because you are on the 10 GB plan. 4 GB is likely sufficient for the two iPhones - the two on our account use less than 3 combined in a month - so you could drop the data cost to $60 or $70 - with taxes getting your total to around $250. You won't be any better off at AT&T - you'll need all new phones and that will be a major chunk of change, or an added monthly cost (the $15 per line access is based on having a "NEXT" phone, with the cost added to your bill, x 5 lines) and your plan cost will end up in the same ballpark as Verizon.