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Cloud computing costs can vary significantly between vendors. However, all pricing models follow the same basic formula: Cloud costs = Usage x Unit price. Cloud computing costs can range from $0.15 per GB to a few thousand dollars every month. The average cost of cloud computing is about $400 monthly for one server, to $15,000 monthly for the entire back-office infrastructure. Cloud providers typically charge based on the volume of data transferred or the bandwidth consumed. Some offer tiered pricing structures for higher usage levels. Storage costs are determined by the amount of data stored and the type of storage service selected. Cloud computing is generally more cost-effective than using on-site hardware to power IT equipment.
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