I used PHP hosting for €1.50 per month. This is with a 500MB database and 20GB transfer per month. And the datacenter is in my country so the websites are quick

I used PHP hosting for €1.50 per month. This is with a 500MB database and 20GB transfer per month. And the datacenter is in my country so the websites are quick. For 99% of the websites this is enough. I just picked the first host I found, so there probably are cheaper options.