Track and Manage Costs
Monitor your infrastructure costs and optimize spending.
Understanding Costs
The Monthly Cost metric on your dashboard shows your estimated monthly spending based on:
- Compute - Application and VM resources
- Storage - Database and file storage
- Bandwidth - Data transfer
- Other services - Monitoring, backups, etc.
Cost Breakdown
By Resource Type
Applications:
- Cost depends on instance size
- Higher specs = Higher cost
- Multiple instances = More cost
Virtual Machines:
- Hourly billing
- Depends on specs (CPU, RAM)
- Running costs apply
Databases:
- Based on instance size
- Storage capacity used
- Backup storage
Storage:
- Per GB per month
- Includes databases and files
- Archival storage cheaper
Bandwidth:
- Outbound data transfer
- Per GB charged
- Inbound usually free
Reading Cost Metrics
Total Monthly Cost
Estimated spending for current month
- Calculated from actual usage
- Updated regularly
- Useful for budgeting
Cost Trend
Change compared to last month
- +20% - 20% higher than last month
- -10% - 10% lower than last month
- 0% - Same as last month
What it means:
- Increasing = Growing infrastructure or usage
- Decreasing = Optimizing or scaling down
- Spikes = New deployments or services
Cost Optimization Strategies
1. Right-Size Resources
Problem: Using larger instances than needed
Solution:
- Monitor actual usage (CPU, memory)
- Identify oversized instances
- Downsize to match needs
- Monitor impact
- Repeat quarterly
Savings: Up to 40% on compute
2. Remove Unused Resources
Problem: Running resources you don't need
Solution:
- Audit all deployments
- Stop or remove unused apps
- Delete old databases
- Archive old data
- Remove test instances
Savings: 10-30% typically
3. Use Auto-Scaling
Problem: Paying for peak capacity always
Solution:
- Set up auto-scaling rules
- Scale down during off-hours
- Scale up for peak times
- Automatic adjustment
- Pay for what you use
Savings: 20-50% for variable workloads
4. Optimize Database Usage
Problem: Large databases consume resources
Solution:
- Clean up old data
- Archive historical data
- Optimize queries
- Use appropriate instance size
- Regular maintenance
Savings: 15-30% on database costs
5. Consolidate Services
Problem: Multiple small instances = overhead
Solution:
- Combine related services
- Use shared resources
- Microservices → Monolith (if appropriate)
- Reduce instance count
- Maintain performance
Savings: 20-40% typically
6. Choose Right Regions
Problem: Some regions cost more
Solution:
- Check region pricing
- Deploy to cheaper regions
- Use multi-region strategically
- Consider latency trade-off
- Balance cost vs performance
Savings: 10-20% based on region
Budget Management
Set Budget Targets
- Calculate acceptable monthly spend
- Add 20% buffer for growth
- Review quarterly
- Adjust as needed
Track Spending
- Check cost metric weekly
- Note major changes
- Document deployments
- Correlate cost with activity
Alert on Overages
- Set budget alerts
- Notify team on spike
- Investigate unexpected increases
- Take corrective action
Cost Reduction Checklist
- Review all running applications
- Remove unused apps
- Check for orphaned databases
- Verify instance sizes are appropriate
- Look for expensive regions
- Enable auto-scaling where applicable
- Clean up old data
- Optimize database queries
- Archive historical data
- Consider reserved instances (if available)
Common Cost Scenarios
Scenario: Cost Keeps Growing
- Check what changed
- Review new deployments
- Monitor resource usage
- Identify expensive resources
- Optimize or remove
Questions to ask:
- What's using the most resources?
- Can we optimize that resource?
- Is it necessary?
- Can it run on smaller instance?
Scenario: Sudden Cost Spike
- Check recent changes
- Look for new deployments
- Review alert logs
- Identify cause
- Take action
Common causes:
- New large database
- Runaway process
- High traffic
- Inefficient code
- Misconfiguration
Scenario: Want to Reduce Costs
- Audit all resources
- Identify optimization opportunities
- Prioritize by impact
- Implement changes
- Monitor results
Quick wins:
- Remove unused resources (10-15%)
- Right-size instances (10-20%)
- Clean up storage (5-10%)
- Stop overnight services (5-10%)
Billing Details
Where to Find Details
- Go to Billing or Payments section
- View detailed cost breakdown
- See charges by resource
- Download invoices
- Export for analysis
Understanding Invoices
Invoice shows:
- Charge date
- Billing period
- Usage details
- Unit cost
- Total charge
Review:
- Accuracy of charges
- Expected amounts
- Unusual items
- Compare with previous
Cost Forecasting
Use historical data to predict:
- Next month's spending
- Quarterly costs
- Annual costs
- Growth trajectory
Plan for:
- Budget allocation
- Scaling costs
- Seasonal variations
- Business growth
Payment Methods
Available options:
- Credit card
- Bank transfer
- Monthly invoicing
- Prepaid credits
Manage in:
- Settings → Billing
- Payment method section
- Invoice preferences
Tips for Cost Efficiency
✓ Monitor regularly - Weekly cost checks
✓ Set alerts - Know about spikes early
✓ Plan ahead - Budget for growth
✓ Right-size - Match resources to needs
✓ Clean up - Remove unused resources
✓ Automate - Use auto-scaling
✓ Archive - Move old data
✓ Consolidate - Combine services
✓ Optimize - Efficient code
✓ Question - Do you really need it?
Related Topics
Getting Help
For cost questions:
- Review billing section
- Check documentation
- Contact support with:
- Screenshots of charges
- Time period in question
- Explanation of usage