5 ms·
Actually, if prices are not increasing, then they are falling. Prices fall by the inflation rate. Let inflation rate = 3% then the price is falling 3% per year
by pragmatic 16y ago
Actually, if prices are not increasing, then they are falling. Prices fall by the inflation rate. Let inflation rate = 3% then the price is falling 3% per year. Not major but still a decrease.
- jasonkester 16y agoAdd to that that EC2 prices actually are falling, from .10 to .085/hr for linux boxes for example, and it seems like a pretty good deal.
- jread 16y agoIf you want to get the lowest pricing on EC2, use a spot instance request where your bid price >= standard pricing (i.e. 0.085/hr for m1.small). This will essentially get you a spot priced, but indefinitely persistent instance and you'll typically pay 1/2 or less than the standard pricing. I've had a spot instance running for 3 months paying about 45% off list price on average.
- pixelcort 16y agoCan the spot price rise above the standard pricing? If so, are you able to switch to standard pricing without losing your instance(s)?
- jread 16y agoIt could, but it is extremely rare. Check out http://cloudexchange.org http://cloudexchange.org to see historical pricing. A spot instance cannot be changed to standard pricing.
- chorpy 16y ago<pedant> 2.91% ... (1-(100/103))*100 </pedant>