Most cost-effective S3 compatible storage?

What's the use case for?
  • Pure backup storage with very little direct internet public serving of stored files?
  • Or public serving of stored files where egress bandwidth costs are a factor?
  • Any geographic location requirements?
  • Any minimal latency, performance and redundancy/high availability requirements?
Recently, Hetzner also got into the S3 storage market: https://www.hetzner.com/storage/object-storage/ $6.59/TB with $1.32/TB bandwidth. But they only have locations for Falkenstein, DE (FSN1), Helsinki, FI (HEL1), and Nuremberg, DE (NBG1) right now.

Cloudflare R2 has no egress bandwidth charges, which is helpful if bandwidth usage is a concern. Though they also have data location limits but you can configure data location hints https://developers.cloudflare.com/r2/reference/data-location/. Backblaze also offer free egress up to 3x of average monthly data stored, then $0.01/GB for additional egress ($10/TB bandwidth) or free egress via CDN providers like Fastly, Cloudflare, Bunney.net, Cachefly, Vultr etc. However, Backblaze like Hetzner has limited geographic locations if that matters https://www.backblaze.com/computer-backup/docs/data-centers-and-data-regions (Sacramento, California; Stockton, California; Phoenix, Arizona; Reston, Virginia; Amsterdam, Netherlands; and Toronto, Ontario). Seems to have expanded locations since I last checked, though :)

I currently use AWS S3 (80%), Cloudflare R2 (10%), Backblaze B2, Linode, and DigitalOcean in order of most stored data to least. The majority is for one-way backup remote storage, transitioning from AWS S3 to Cloudflare R2 for most new projects though i.e. Wordpress plugins/themes mirror system using Cloudflare R2 storage and Cloudflare Workers/KV https://github.com/centminmod/wordpress-plugin-mirror-poc.
 
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XenForo /data/ and /internal_data/ hosting.

Also with Paypal payment support, so it seems I would go with Vultr or R2.
Oh, if you require Paypal payment, then yeah, it narrows your choices. Though Vultr does have that controversial TOS clause about copyright usage https://www.vultr.com/legal/tos/ and
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