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How cheap is cloud computing anyway?

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R in the Cloud

Train in R

So I wanted to really find out how cheap the cloud was- but I got confused by the 23 kinds of instances than Amazon has http://aws.amazon.com/ec2/pricing/ and 15 kinds of instances at https://developers.google.com/compute/pricing.

or whether there is any price collusion between them ;)

Now Amazon has spot pricing so I can bid for prices as well (http://aws.amazon.com/ec2/purchasing-options/spot-instances/ ) and upto 60% off for reserved instances (http://aws.amazon.com/ec2/purchasing-options/reserved-instances/) but charges $2 for dedicated instances (which are not dedicated but pay as you go)

Dedicated Per Region Fee

  • $2 per hour – An additional fee is charged once per hour in which at least one Dedicated Instance of any type is running in a Region.

Google has sustained discounts ( will not offer Windows on the cloud though!)

The table below describes the discount at each usage level. These discounts apply for all instance types.

Usage Level (% of month) % at which incremental is charged Example incremental rate (USD/per hour) for an n1-standard-1 instance
0%-25% 100% of base rate $0.07
25%-50% 80% of base rate $0.056
50%-75% 60% of base rate $0.042
75%-100% 40% of base rate $0.028

 

Anyways- I tried to create this simple table to help me with it- after all  hard disks are cheap- it is memory I want on the cloud !

Or maybe I am wrong and the cloud is not so cheap- or its just too complicated for someone to build a pricing calculator that can take in prices from all providers (Amazon, Azure, Google Compute) and show us the money!

vCPU RAM(GiB) $ per Hour Type -Linux Usage Provider Notes
t2.micro 1 1 $0.01 General Purpose – Current Generation Amazon (North Virginia) Amazon also has spot instances
t2.small 1 2 $0.03 General Purpose – Current Generation Amazon (North Virginia) that can lower prices
t2.medium 2 4 $0.05 General Purpose – Current Generation Amazon (North Virginia)
m3.medium 1 3.75 $0.07 General Purpose – Current Generation Amazon (North Virginia)
m3.large 2 7.5 $0.14 General Purpose – Current Generation Amazon (North Virginia)
m3.xlarge 4 15 $0.28 General Purpose – Current Generation Amazon (North Virginia)
m3.2xlarge 8 30 $0.56 General Purpose – Current Generation Amazon (North Virginia)
c3.large 2 3.75 $0.11 Compute Optimized – Current Generation Amazon (North Virginia)
c3.xlarge 4 7.5 $0.21 Compute Optimized – Current Generation Amazon (North Virginia)
c3.2xlarge 8 15 $0.42 Compute Optimized – Current Generation Amazon (North Virginia)
c3.4xlarge 16 30 $0.84 Compute Optimized – Current Generation Amazon (North Virginia)
c3.8xlarge 32 60 $1.68 Compute Optimized – Current Generation Amazon (North Virginia)
g2.2xlarge 8 15 $0.65 GPU Instances – Current Generation Amazon (North Virginia)
r3.large 2 15 $0.18 Memory Optimized – Current Generation Amazon (North Virginia)
r3.xlarge 4 30.5 $0.35 Memory Optimized – Current Generation Amazon (North Virginia)
r3.2xlarge 8 61 $0.70 Memory Optimized – Current Generation Amazon (North Virginia)
r3.4xlarge 16 122 $1.40 Memory Optimized – Current Generation Amazon (North Virginia)
r3.8xlarge 32 244 $2.80 Memory Optimized – Current Generation Amazon (North Virginia)
i2.xlarge 4 30.5 $0.85 Storage Optimized – Current Generation Amazon (North Virginia)
i2.2xlarge 8 61 $1.71 Storage Optimized – Current Generation Amazon (North Virginia)
i2.4xlarge 16 122 $3.41 Storage Optimized – Current Generation Amazon (North Virginia)
i2.8xlarge 32 244 $6.82 Storage Optimized – Current Generation Amazon (North Virginia)
hs1.8xlarge 16 117 $4.60 Storage Optimized – Current Generation Amazon (North Virginia)
n1-standard-1 1 3.75 $0.07 Standard Google -US Google charges per minute
n1-standard-2 2 7.5 $0.14 Standard Google -US of usage (subject to minimum of 10 minutes)
n1-standard-4 4 15 $0.28 Standard Google -US
n1-standard-8 8 30 $0.56 Standard Google -US
n1-standard-16 16 60 $1.12 Standard Google -US
n1-highmem-2 2 13 $0.16 High Memory Google -US
n1-highmem-4 4 26 $0.33 High Memory Google -US
n1-highmem-8 8 52 $0.66 High Memory Google -US
n1-highmem-16 16 104 $1.31 High Memory Google -US
n1-highcpu-2 2 1.8 $0.09 High CPU Google -US
n1-highcpu-4 4 3.6 $0.18 High CPU Google -US
n1-highcpu-8 8 7.2 $0.35 High CPU Google -US
n1-highcpu-16 16 14.4 $0.70 High CPU Google -US
f1-micro 1 0.6 $0.01 Shared Core Google -US
g1-small 1 1.7 $0.04 Shared Core Google -US

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