It is hard to tell from here how much or little experience someone has with spreadsheets. You mentioned Excel and you mentioned a feature that almost no beginner user would even know about, much less how to use it, so I assumed you were not a beginner with spreadsheets and would know about columns and math operations and simple formulas. Below are more detailed instructions
If your "whole column" is column B and you want to lower all your values by 5,
- Add a new column next to B. Do this by right-clicking on the column letter B and choosing Add Column After. This will become column C. It may or may not be blank; doesn't matter.
- In cell C1 put the formula =B1-5 and press Return
- Select cell C1 and Copy (Command C)
- Select the rest of the cells in column C. Paste (Command V). All cells in column C should now have a formula that applies to their row. For example, the formula in cell C5 should be =B5-5. All the results should be 5 less than what is in column B.
- Select all the cells in column C
- Copy
- Select all the cells in column B
- In the Edit menu is Paste Formula Results. Do that. Column B should now have the updated numbers.
- Delete column C. Do this by right clicking on column letter C and choosing Delete Column.
It takes way less time to actually do all this than it does to write the instructions.