AWS Cost Explorer

Hands-On

Demo

Agenda

In this Demo, we will,

1. Create a Cost Explorer report that shows AWS Services Cost for last 3 months grouped by AWS Service.
2. Create a Cost Explorer report that shows EC2 Service Cost for last 3 months grouped by EC2 Instance Type.
   
3. Create a Cost Explorer report that shows AWS Service Cost for last 3 months grouped by Usage Type.

Search for Cost Explorer

Amortized Costs - Recommended for Most Users

Think of this like a yearly gym membership spread into monthly payments:

• If you pay $365 upfront for a year, instead of showing $365 on day 1, it shows as $1 per day
• Makes it easier to track and budget your spending
• Most businesses use this method
• Perfect for understanding your "true" daily/monthly costs

Why use Amortized Costs?

1. Easier to understand your daily costs
2. Better for budgeting and planning
3. No confusing spikes in cost reports
4. Most commonly used in real companies

Other Cost Types (For Reference):

• Unblended Costs: Shows charges on the exact day they happen (like seeing $365 on day 1)
• Blended Costs: Average costs across all your AWS accounts
• Net Costs: Final costs after all discounts (like coupons) are applied

Think of it like this: If you bought a $12 streaming service for a year upfront ($144):

• Unblended would show: $144 on day 1
• Amortized would show: $12 each month (easier to understand!)