Amazon EC2 pricing

Amazon EC2 Savings Plans are ideal for workloads that involve a consistent amount of compute usage over a 1-year or 3-year term.

With Amazon EC2 Savings Plans, you can reduce your compute costs by up to 72% over On-Demand costs.

Spot Instances are ideal for workloads with flexible start and end times, or that can withstand interruptions. With Spot Instances, you can reduce your compute costs by up to 90% over On-Demand costs.

Unlike Amazon EC2 Savings Plans, Spot Instances do not require contracts or a commitment to a consistent amount of compute usage.

With Amazon EC2 Savings Plans, you can reduce your compute costs by up to 72% over On-Demand costs.

On-Demand Instances are ideal for short-term, irregular workloads that cannot be interrupted. No upfront costs or minimum contracts apply. The instances run continuously until you stop them, and you pay for only the compute time you use. Sample use cases for On-Demand Instances include developing and testing applications and running applications that have unpredictable usage patterns. On-Demand Instances are not recommended for workloads that last a year or longer because these workloads can experience greater cost savings using Reserved Instances.

AWS offers Savings Plans for several compute services, including Amazon EC2. Amazon EC2 Savings Plans enable you to reduce your compute costs by committing to a consistent amount of compute usage for a 1-year or 3-year term. This term commitment results in savings of up to 66% over On-Demand costs.

Any usage up to the commitment is charged at the discounted plan rate (for example, $10 an hour). Any usage beyond the commitment is charged at regular On-Demand rates.

Reserved Instances are a billing discount applied to the use of On-Demand Instances in your account. You can purchase Standard Reserved and Convertible Reserved Instances for a 1-year or 3-year term, and Scheduled Reserved Instances for a 1-year term. You realize greater cost savings with the 3-year option.

Spot Instances are ideal for workloads with flexible start and end times, or that can withstand interruptions. Spot Instances use unused Amazon EC2 computing capacity and offer you cost savings at up to 90% off of On-Demand prices.

\Reserved Instances require a contract length of either 1 year or 3 years. The workload in this scenario will only be running for 6 months.