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block-storage-is-pricing.md

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copyright lastupdated keywords subcollection
years
2019
2019-05-21
storage, capacity, billing, volume
vpc-on-classic

{:shortdesc: .shortdesc} {:codeblock: .codeblock} {:new_window: target="_blank"} {:screen: .screen} {:pre: .pre} {:tip: .tip} {:important: .important} {:table: .aria-labeledby="caption"}

Pricing for Block Storage for VPC

{: #block-storage-pricing}

Pricing for {{site.data.keyword.block_storage_is_short}} is based on the capacity or the IOPS that was provisioned, depending on which storage profile you chose.

IOPS Tier Published Monthly rate^1
3 IOPS/GB 0.13 USD/GB
5 IOPS/GB 0.25 USD/GB
10 IOPS/GB 0.58 USD/GB
Custom IOPS 0.10 USD/GB + 0.07 USD/IOPS

^1 Published price per month, calculated hourly.

How are charges calculated?

{: #how-are-charges-calculated}

{{site.data.keyword.block_storage_is_short}} is calculated hourly, based on the total number of hours that the block storage volume exists on the account, until the volume is deleted or the end of a billing cycle, whichever comes first. Hourly billing is calculated differently for a predefined IOPS tier than for custom IOPS. See the following examples.

Billing calculation for a volume with the general-purpose IOPS tier

{: #billing-calculation-for-a-volume-with-the-general-purpose-IOPS-tier}

You provision a 1000-GB volume with the general-purpose 3 IOPS/GB tier, then use the volume for 72 hours before you delete it. The total price for the volume is billed by the hour, as follows:

((1000 GB x 0.13 USD/GB)/730 hrs) x 72 hrs = $12.82

Billing calculation for a volume with custom IOPS

{: #billing-calculation-for-a-volume-with-custom-IOPS}

You provision a 1000-GB volume with 2500 IOPS, then use the volume for 72 hours before you delete it. The total price for the volume is billed by the hour, as follows:

(((1000 x 0.10 USD/GB) + (2500 x 0.07 USD)) / 730 hrs) x 72 hrs = $27.12