We're happily running a small SaaS with 4 servers using a small provider near Frankfurt for less than 50 Euro/Month. In fact, this provider is massively cheaper

We're happily running a small SaaS with 4 servers using a small provider near Frankfurt for less than 50 Euro/Month. In fact, this provider is massively cheaper than AWS for bare metal and we had no service problems so far. It's maybe not five nines, but the limit is really not the service provider ATM.