Am I understanding this right? $0.023/GB/month for Glacier, so * 12 months/year = $0.276/GB/year, which means:
10GB = $2.70/year
100GB = $27.00/year
1TB = $270.00/year
...
And this is only the storage cost. This doesn't take into account the cost should you actually decise to retrieve the data.So considering a 1TB hard drive [0] costs $50.00, how is this cost effective? I can buy 5x1TB hard drives for the price of 1TB on Glacier.
I understand there is overhead to managing it yourself. So, is this just not targeted to technically proficient folks?
[0] https://www.amazon.com/Blue-Cache-Desktop-Drive-WD10EZEX/dp/...