Amazon EC2 Pricing Options

On-Demand Instances

Description: Pay for compute capacity by the hour or second with no long-term commitments.
Pricing Example: t2.micro (Linux/Unix): $0.0116 per hour.
Reserved Instances

Description: Up to 75% discount compared to On-Demand prices with one-year or three-year commitment.
Pricing Example:
1-Year Term, No Upfront: t2.micro (Linux/Unix): $0.0084 per hour.
3-Year Term, All Upfront: t2.micro (Linux/Unix): $0.0063 per hour.
Spot Instances

Description: Bid for unused EC2 capacity at significantly lower prices.
Pricing Example: Prices fluctuate based on supply and demand. t2.micro can be as low as $0.003 per hour.
Savings Plans

Description: Flexible pricing model offering up to 72% savings compared to On-Demand by committing to a consistent amount of usage (measured in $/hour) for a 1- or 3-year term.
Pricing Example: Depends on the plan selected; compute savings plan could reduce t2.micro cost significantly.
Dedicated Hosts

Description: Physical servers dedicated for your use. Save up to 70% on licensing costs.
Pricing Example: Varies significantly based on server type and region.
Dedicated Instances

Description: Instances run on hardware that is dedicated to a single customer.
Pricing Example: Additional $2 per hour per region.
Pricing for Different Instance Types (On-Demand, Linux/Unix)
t2.micro: $0.0116 per hour
m5.large: $0.096 per hour
c5.xlarge: $0.17 per hour
r5.2xlarge: $0.504 per hour
Additional Costs
EBS Storage: General Purpose SSD (gp3): $0.08 per GB-month.
Data Transfer:
Data Transfer IN: $0.00 per GB.
Data Transfer OUT: $0.09 per GB for the first 10 TB/month.

Explore More
https://devopsden.io/article/aws-ec2-pricing
https://devopsden.io/article/aws-lambda-pricing