The New Google Cloud Cost Categories

Sunday, August 2, 2020

Do you use google cloud for your cloud hosting needs? Or perhaps you are looking into the services to see how they could help you or your business.

Understanding the service is important to make sure you are getting the right deal for your needs. Properly understanding the google cloud service and the costs is a great way to save both time and money. 

There are three main elements to Google Cloud and the costs associated with it:

  • Storage
  • Compute
  • Network

Below we’ll go into more detail about each of these elements. If you would like an estimate of how much you could save using google cloud, they have a free pricing calculator to check online. You can see this here.

Google cloud storage

Google Cloud Storage works as a big, virtual folder, where files and data can be stored online, known as an ‘object store’. Using the storage involves certain costs, which varies depending on usage and the amount needed to be stored. 

There are three main factors associated with the cost of using google cloud storage:

  • How much storage you need
  • What location your data is stored in
  • How often the data needs to be accessed.

Below we’ll go into these points in a bit more detail.

How much storage you need

One of the reasons cloud storage has got so popular is that you only pay for the services you use. This means there is no budget spent on resources that don’t get used. You pay for what you need and no more.

What locations your data is stored in

There are a few different types of storage your data can be placed in with Google Cloud. Each of these locations has a different price attached to it.  For example, it will cost more to store data in multiple regions.

Regional storage vs multi-regional

If you want to keep your data stored in multiple regions, this will cost you the most at $0.026 for every GB stored per month. Comparatively, regional storage costs less and is $0.020 for every GB stored per month. There are a few reasons you might choose multi-regional storage over regional. Multi-regional is great to access data quickly and from multiple locations. Some examples of this could be a website or internet gaming.

But if your data will not be needed very much, nearline or coldline storage could be a viable option. Using this class can be much cheaper. For example, using Nearline will cost $0.010 for every GB used in a month. Comparatively, Coldline is $0.007. However, there is then a retrieval charge on top of these costs, which is $0.01 per GB and $0.05 per GB for Nearline and Coldline. One of the best applications for storage classes such as these is archive data.

How often the data needs to be accessed

If you need a particular data set regularly, it should probably be stored in a higher cost tier. Data that needs to be accessed less regularly can be placed in storage that costs less, this is known as “cold” storage.

Google Cloud Compute Costs

Using Google Compute Engine, it's possible to create virtual machines and block storage. This can then be utilised for analysis, transforming and visualising data. These can be created and destroyed as and when they are needed. They are also built to the specific size your particular task needs. As with all elements discussed in this article, you only pay for what you use.

Costs are based on these factors:

  • The amount of CPUs required to complete a task
  • The amount of memory a task needs
  • The amount of disk space required
  • If it's possible to complete the task in under 24 hours

Google Cloud Network Costs

The amount of access needed to Google’s worldwide network will also vary the cost of using Google Cloud. Every deployment you need to roll out needs a network the data can move along. With Google Cloud, there is a flexible and scalable global network that can be used for deployments. 

Some of the factors that will influence the price of network access include:

  • The regions you need access to
  • The amount of network needed for deployment 
  • The length of time you’ll need that access for

There are a lot of factors involved with pricing for your Google Cloud needs. Understanding the different criteria will help you keep costs as streamlined and efficient as possible. You can get a cost estimate from Google here.