How Much Does 1TB of Cloud Storage Cost?

In today's digital world, individuals and organizations need to save and secure their data. From digital documents and spreadsheets, to photos and videos, these files need a secure repository where you can store them on the go.

With the emergence of cloud computing technology, we can now subscribe to digital storage space on the cloud at very affordable prices. Read on to learn more about how much you can expect to pay for 1TB , a reasonable amount of cloud storage.

How Much Does 1TB of Cloud Storage Cost?

What Is 1TB of Cloud Storage?

Cloud storage allows you to store, manage, or back up your files remotely. By using a network (usually the Internet), you can transfer or access your digital assets. In exchange, cloud storage providers charge users with a monthly or yearly rate for their services.

You can choose from different capacities, depending on your budget and requirements. Some cloud storage providers like Dropbox and Google Drive offer free limited storage capacity, typically between 2MB and 15MB. For most individuals and some small businesses and organizations, though, a 1TB package is enough.

Five major cloud storage providers offer global access for both individuals and businesses – Dropbox, Google Drive, Microsoft OneDrive, Apple iCloud, and Amazon Cloud Drive. These companies have data centers spread all over the world, allowing their customers to use and manage their files using PCs or mobile devices.

Average Cost of 1TB of Cloud Storage

As of this writing, only the OneDrive and Amazon Cloud Drive offer 1TB of space. Other cloud storage companies provide 2TB space instead of 1TB, on the idea that users require more space.  Here are some of the average costs of 1TB of cloud storage.

  • US – $5 to $5.99
  • UK – £4 to £4.99
  • Canada – CA $7 to CA $7.99
  • India – INR 374 to INR 485
  • Australia – AU $7 to AU $7.99
  • New Zealand – NZ $8 to NZ $8.99

1TB of Cloud Storage Cost Breakdown

A subscription to the 1TB or 2TB option often comes in packages. On OneDrive, you have an Office 365 suite that you can access in Windows, Mac, iOS, and Android devices. On other cloud providers, aside from access to multiple devices, you can enjoy privileges such as the option to add a family member, as well as extra member benefits. They also include password protection, file restoration, ransomware detection, and file backup.

Factors Affecting the Cost of 1TB of Cloud Storage

Some of the factors that affect the pricing of cloud storage include the type of service, the region where the users access the files, and the required capacity. You should also factor in the movement of data, as well as the frequency of accessing and deleting your data.

Additional Costs Associated with 1TB of Cloud Storage

To make the most of accessing your cloud storage you may need an upgrade of your device, like upgrading the processor or RAM of your PC. For a faster Internet connection, you may also need to invest in more advanced Internet plans.

For businesses, experts recommend at least 2TB or more to enjoy additional data speeds and other perks that can make your data access smoother and more efficient.

Conclusion

To store your files in such a way that you can retrieve them anywhere and anytime you want, you may need to invest in 1TB of cloud storage. For $5 to roughly around $6 per month, you can access your files without the need to invest in costly servers.

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