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Cloud Storage Cost Calculator
Cloud storage for backups costs between $6.95 and $23 per TB per month, depending on the provider. Backblaze B2 is the cheapest at $6.95/TB, AWS S3 Standard the most expensive at about $23/TB, and Wasabi and Cloudflare R2 sit in between. Consumer plans like Google Drive and Dropbox work differently: you buy a fixed tier, like 2TB for $9.99/month.
The storage price is only half the bill, though. Some providers charge egress fees when you download your own files back, which is exactly what happens when a drive fails and you need everything restored. Pulling 10TB back out of AWS S3 costs about $891 in egress fees, while B2, Wasabi, and R2 make a full restore free. Here are the current prices at a glance, then a calculator to run your own numbers.
| Provider | Storage price | Downloading your data (egress) |
|---|---|---|
| Backblaze B2 | $6.95/TB/month | Free up to 3x what you store, then $0.01/GB |
| Wasabi | $7.99/TB/month (1 TB minimum) | Free up to the amount you store |
| Cloudflare R2 | $15.00/TB/month | Free, always |
| AWS S3 Standard | $23.00/TB/month | $0.09/GB after the first 100GB/month free |
| Google Drive (Google One) | 100 GB for $1.99/month, 2 TB for $9.99/month, 5 TB for $21.99/month | Free, always |
| Dropbox | 2 TB for $9.99/month | Free, always |
| External HDD (one-time) | ~$27/TB once (about $0.75/TB/month over 3 years) | Free, it's your drive |
A full download is what you'd pay to get everything back, for example after a drive failure. Of these providers, only AWS S3 charges for that.
For 2 TB, Google Drive (Google One) is the cheapest option here: $9.99/month, or $120 for a year including one full download.
| Provider | Per month | Per year | One full download | Year total |
|---|---|---|---|---|
| Google Drive (Google One)Cheapest | $9.99 | $119.88 | Free | $120 |
| Dropbox | $9.99 | $119.88 | Free | $120 |
| AWS S3 Standard | $46.00 | $552.00 | $171 | $723 |
Assumes US pricing, standard/hot storage tier, and no reserved-capacity discounts. AWS S3 and its egress use the first-tier rate (under 50TB storage, under 10TB/month egress). Google Drive and Dropbox are priced per plan tier, not per GB; amounts above the largest tier assume stacking additional plans. The external HDD row amortizes a one-time purchase over 36 months so it's comparable to a monthly bill.
How much does cloud storage cost per TB?
Cloud storage costs between $6.95/TB/month (Backblaze B2) and $23/TB/month (AWS S3 Standard) for backup-style object storage, before any egress fees. Consumer plans like Google Drive and Dropbox are priced per fixed tier rather than per GB, which changes the math once you cross a tier boundary. The table below shows monthly storage cost only (no restores) at four common amounts, using the same pricing data that drives the calculator above.
| Provider | 1TB/month | 5TB/month | 10TB/month | 50TB/month |
|---|---|---|---|---|
| Backblaze B2 | $6.95 | $34.75 | $69.50 | $347.50 |
| Wasabi | $7.99 | $39.95 | $79.90 | $399.50 |
| Cloudflare R2 | $15.00 | $75.00 | $150.00 | $750.00 |
| AWS S3 Standard | $23.00 | $115.00 | $230.00 | $1,150.00 |
| Google Drive (Google One) | $9.99 | $21.99 | $43.98 | $219.90 |
| Dropbox | $9.99 | $29.97 | $49.95 | $249.75 |
| External HDD (one-time) | $0.75 | $3.75 | $7.50 | $37.50 |
External HDD is shown as a monthly-equivalent cost (one-time purchase amortized over 36 months), not a subscription. See the external drive section below for the full comparison. Pricing last checked Jul 31, 2026.
AWS S3 pricing calculator: what does S3 actually cost?
AWS S3 Standard costs $0.023/GB/month (about $23/TB) for the first 50TB stored per month in the US East (N. Virginia) region, dropping to $0.022/GB for the next 450TB and $0.021/GB beyond 500TB. That tiered discount only matters at large scale. A typical creator storing 1-50TB of footage pays the first-tier rate the whole way.
S3 also has a cheaper tier called S3 Standard-IA (Infrequent Access) at $0.0125/GB/month, roughly half the price of Standard. The catch: IA charges a $0.01/GB retrieval fee every time you read a file, has a 30-day minimum storage duration, and a 128KB minimum billable object size. IA makes sense for an archive you rarely touch. For active project backups you're still syncing to, Standard is usually the better fit despite the higher storage price, because retrieval isn't free.
At 10TB stored, S3 Standard costs $230.00/month in storage alone ($2,760/year). Restoring all 10TB once adds $891 in egress, after the first 100GB/month free tier, at $0.09/GB for the next 9.9TB. That brings a single full restore year to roughly $3,651 total. (Source: AWS S3 pricing)
Backblaze B2 vs Wasabi vs Cloudflare R2: which is cheapest?
Backblaze B2 is cheapest for most Mac backup workflows: $6.95/TB/month with no minimum billing and free egress up to 3x your stored data per month (or entirely free through Cloudflare, Fastly, or Bunny.net via the Bandwidth Alliance). Wasabi is $7.99/TB/month with free egress up to a 1:1 ratio with stored capacity, but it has a 1TB minimum billing floor, so storing 50GB still costs $7.99/month, an effective rate about 20x higher than the headline price. Cloudflare R2 is $15/TB/month, the most expensive of the three for storage, but all egress is free, always, no ratio or multiple to track.
For upload-heavy, download-rare backup archives (the common case for Mac video and photo backups), B2 usually wins on total cost. R2 wins when you expect to download large, unpredictable amounts. Wasabi sits in between for large, predictable volumes above 1TB. These numbers are the same ones published in the full B2 vs Wasabi vs R2 comparison, sourced from backblaze.com/cloud-storage/pricing, wasabi.com/pricing, and developers.cloudflare.com/r2/pricing.
What does it cost to restore everything you've stored?
Restoring everything you've stored (a full disaster recovery, or just pulling an old project back down) is the cost most storage calculators skip. It only matters for providers that charge egress. Backblaze B2 gives you 3x your stored data in free downloads every month, so a single full restore is free unless you've already used that allowance elsewhere that month. Wasabi and Cloudflare R2 don't charge for a full restore either, under Wasabi's 1:1 fair-use policy and R2's always-free egress. AWS S3 is the exception: restoring 10TB costs about $891 on top of the monthly storage bill, at $0.09/GB after the first 100GB/month free.
This is the calculation most people forget when they pick a provider by storage price alone. If you're backing up footage you expect to need again (a client re-edit, a drive failure, a Mac replacement), model at least one full restore into the real cost, not just the monthly sticker price. The upload-time math for 1TB of footage covers the other side of this: how long the initial backup itself takes per provider.
Cloud storage vs. an external hard drive: which is cheaper long-term?
A one-time external HDD purchase is cheaper than any cloud subscription within roughly a year, and dramatically cheaper over five. A 5TB portable HDD costs about $27/TB to buy once (roughly $135, per current US pricing). Amortized over an assumed 3-year drive life, that's about $3.75 /month for 5TB, versus $34.75 /month on Backblaze B2 (the cheapest cloud option) for the same 5TB. The crossover point, where the HDD's one-time cost equals what you'd have already paid B2, lands within the first two to three months.
The tradeoff isn't really about price. A local drive has no ongoing bill but also no offsite protection: if your office floods or the drive is stolen alongside your Mac, a local-only copy is gone. Cloud storage costs more per TB but is inherently offsite. The standard answer, covered in how much backup storage you actually need, is to use both: a local drive for your fast, cheap primary backup, and a cloud destination as the offsite third copy in a 3-2-1 setup.
After you've picked a provider
Picking storage is the easy half. The part that falls apart later is knowing what's backed up where: which projects are in the bucket, which live only on a drive in a drawer, and what's safe to delete from your Mac. We built Tusk for exactly that. It backs up project folders to any provider in this comparison (S3-compatible buckets like B2, Wasabi, and R2, plus Google Drive and Dropbox) and to external drives at the same time, verifies every file with a BLAKE3 checksum, and shows where every copy lives even when a drive isn't plugged in.
FAQ
This calculator assumes US pricing, the standard (hot) storage tier for every provider, and no reserved-capacity or long-term commitment discounts. AWS S3 figures use the first pricing tier (under 50TB stored, under 10TB/month egress); Wasabi's reserved-capacity plans and AWS's tiered discounts past 50TB aren't modeled. Google Drive and Dropbox use published US consumer plan prices, not Workspace or Business pricing.
Backblaze B2 is the cheapest S3-compatible option for most backup workflows at $6.95/TB/month with no minimum billing and free egress up to 3x your stored data monthly. For pure storage price with no other conditions, it beats Wasabi ($7.99/TB/month, 1TB minimum), Cloudflare R2 ($15/TB/month, free egress), and AWS S3 Standard (about $23/TB/month). An external HDD is cheaper still if you don't need the storage to be offsite.
Both offer free egress, but with different conditions. Backblaze B2 gives you free downloads up to 3 times your average stored data per month; beyond that, it's $0.01/GB, though egress is entirely free when routed through a Bandwidth Alliance partner CDN (Cloudflare, Fastly, Bunny.net). Wasabi's egress is free under a 1:1 fair-use ratio with your stored capacity, capped at 100TB/month. Cloudflare R2 has no such condition: all egress is free, always.
Storing 10TB on AWS S3 Standard costs about $230.00/month ($2,760/year) at the first-tier rate of $0.023/GB. Restoring all 10TB once adds roughly $891 in egress fees after the first 100GB/month is free, at $0.09/GB for the next 9.9TB. A year with one full restore comes to about $3,651 total.
Rarely, once you need more than about 2TB. Google Drive (via Google One) and Dropbox are priced per fixed plan tier rather than per GB: Google One is $9.99/month for 2TB or $21.99/month for 5TB, and Dropbox Plus is a single 2TB tier at $9.99/month (billed annually). Below 2TB, that can beat S3-compatible pricing. Above the largest tier, you'd need to stack multiple accounts or plans, which usually costs more per TB than Backblaze B2 or Wasabi. Consumer cloud storage is also shared with email and photos on most plans, and isn't built for programmatic backup tools the way S3-compatible storage is.