If you are a US customer you can currently get a beefy server with 256GiB of RAM, a few years old Xeon, and a huge amount of traffic included for €50 a month on

If you are a US customer you can currently get a beefy server with 256GiB of RAM, a few years old Xeon, and a huge amount of traffic included for €50 a month on Hetzner auction. If you are in EU you need to add local sales tax, still dirt cheap. Works great for me!