Question: How Much Does Tape Storage Cost?

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?

Storage pricing

Pricing
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.