So a raw storage cost of $0.02 per GB for LTO tape (the most popular tape format) appears reasonable.
How much does a TB of storage cost?
|S3 Standard Storage|
|First 50 TB / Month||$0.023 per GB|
|Next 450 TB / Month||$0.022 per GB|
|Over 500 TB / Month||$0.021 per GB|
6 more rows
How much does data storage cost?
But while storage hardware is becoming more affordable, the cost of file storage, with all the associated costs, continues to be a burden. According to one infographic, the average cost of storing a single TB of file data is $3,351 a year. That cost potentially skyrockets because of supporting technologies.
How much does a tape drive cost?
With enterprise class tape drive prices ranging from as low as $3000 to well over $20,000, the cost of storage per GB will vary widely. The same situation applies to tape media, which also varies depending on the technology. As for a time to backup and time to restore standard, there again, mileage will vary.
Is Magnetic Tape expensive?
Magnetic tapes can store up to one terabyte of uncompressed data – as much as can be stored on a hard disk. Magnetic tape uses ‘serial access’ to find a piece of data. This is probably the most cost effective method of storing data which is why it is the technology choice for archiving data.