Okay, so here is what my husband and I did when we moved. We got out of our Comcast contract because they don't service the new neighborhood we live in (although they did try to charge the cancellation fee, but I talked to a manager and he waived it). We bought (and don't laugh) digital antennas for the TV. You get all of the local network stations in your area (NBC, ABC, CBS, Fox), as well as, PBS and some other stations, depending on where you live. The good ones cost around $40, but they work pretty well and once you buy the antenna, it's FREE!
We also had to have internet, so we got DSL, which was the only option here and it is around $50 per month. As for the phone, we got Ooma, which is an internet phone system. We have a local (to our area) phone number that we got to choose from the numbers available. It is unlimited long distance, caller ID, etc. (and, frankly, some other cool features, like I will get an email with an audio file when I get a voicemail so I can listen to it on my computer or smartphone when I'm not home) for $10 per month. They have a cheaper plan for $4 per month (which I think is just the federal taxes that you can't get around). You just have the buy the equipment up front. Lots of people I know have Magic Jack, which works kind of the same way and is pretty cheap too. So, now we are paying around $60 per month instead of $150 and we never really watched the cable channels much anyway. The only thing we might miss this Fall is ESPN for football, but a lot of the games can be watched on the internet, so we have cables to plug our computers into the TV to watch on the bigger screens. It can be done less expensively if you go to the trouble of getting it set up. So far, so good for us and I'm happy we aren't a slave to the cable company anymore! Good luck!
I should add that we also have Netflix through our Wii (although we cancelled the DVD portion of that service when they raised their prices, just out of principle) and as JessinTexas pointed out, you can find a lot on Hulu as well. Hope this helps!