Do you only pay for a data plan and monthly access fee on verizon for an iphone?

Do you only pay for a data plan and monthly access fee on verizon for an iphone? The device total is 100 and the data plan is 40 and monthly access fee is 160.s each month would I pay exctly 160 or is there another charge

There are other charges, such as taxes and fees that can add on 10-30% to the final bill.