As you can tell from my recent post on Amazon S3 Growth for 2011, our customers are uploading new objects to Amazon S3 at an incredible rate. We continue to innovate on your behalf to drive down storage costs and pass along the resultant savings to you at every possible opportunity. We are now happy (some would even say excited) to announce another in a series of price reductions.

With this price change, all Amazon S3 standard storage customers will see a significant reduction in their storage costs. For instance, if you store 50 TB of data on average you will see a 12% reduction in your storage costs, and if you store 500 TB of data on average you will see a 13.5% reduction in your storage costs.

Effective February 1, 2012, the following prices are in effect for Amazon S3 standard storage in the US Standard region:

Storage Old (GB / Month) New (GB / Month) First 1TB $0.140 $0.125 Next 49TB $0.125 $0.110 Next 450TB $0.110 $0.095 Next 500TB $0.095 $0.090 Next 4000TB $0.080 $0.080 (no change) Over 5000TB $0.055 $0.055 (no change)

The prices for all of the other regions are listed on the Amazon S3 Pricing page. For the AWS GovCloud region, the new lower prices can be found on the AWS GovCloud Pricing page.

There’s been a lot written lately about storage availability and prices. We’ve often talked about the benefits that AWS’s scale and focus creates for our customers. Our ability to lower prices again now is an example of this principle at work.

It might be useful for you to remember that an added advantage of using a cloud storage service such as Amazon S3 over using your own on-premise storage is that with cloud storage, the price reductions that we regularly roll out apply not only to any new storage that you might add but also to the existing storage that you have. This could amount to considerable financial savings for many of you.

— Jeff;