The monthly charge for a three-year reservation of Archive storage, for example, is $84 per 100 TB or $810 per PB, or $91 and $883 per month, respectively, for a one-year reservation. The cost of reserved storage varies by tier. Reservations can be for one year or for three years. Microsoft enables customers to reserve Azure Blob Storage in blocks of 100 TB or 1 petabyte (PB). Customers who consume over 500 TB per month, for example, spend 1.66 cents per GB. Hot storage, however, is 1.8 cents per GB per month for the first 50 TB, and the price gradually decreases for higher usage. 099 cents per GB per month, regardless of how much storage the customer consumes. Cool storage costs 1 cent per GB per month, and Archive is. Similarly, Microsoft bills for the Cool and Archive storage tiers at a flat rate. Microsoft charges a flat rate of 15 cents per GB per month for Premium storage in pay-as-you-go pricing, regardless of the volume consumed. The cost of Azure Blob Storage varies widely based on the storage tier, the volume of data stored, and whether it's the pay-as-you-go model or reserved capacity. Data egress fees, for example, can be substantial and dramatically impact the storage budget. Finally, be aware of any extra fees that providers charge. Compare the prices of multiple cloud providers. Similarly, pay attention to the storage region. Choose the storage type and the level of performance that most closely matches the organization's needs. Customers should review all the Microsoft Azure storage pricing before making a decision.
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