How to Measure Storage Costs

Learn about Storage Costs, including how to measure it, and leverage it in dashboards and visualizations with Metabase.

What is Storage Costs?

Storage costs are important estimates to anticipate cost for cloud storage and other important parts of your projects. It’s a common misconception that storage cost is only on a per gigabyte basis, but there’s several factors that come into play. It’s important to know how much your storage costs will be. Things like data security, data migration, and data monitoring factor into price as well as replication costs and access fees. Visualizing how much of each thing you’ll need helps you better calculate project cost and you’ll be able to avoid spending too much or being unprepared.

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How to calculate Storage Costs

You can calculate storage costs easily by using a pricing calculator on most cloud provider websites. That'll give you the most accurate price estimate. Before that though, you’ll want to have a basic estimate of your current and anticipated storage usage, what operating system you plan on using, your hardware, and any other important information on what you’ll be using your cloud storage for and on.

Other KPIs to measure related to Storage Costs

  • Mean Time to Recovery
  • Mean Time to Detect
  • Recovery Point Objective
  • Response Times
  • Mean Time Between Failure
  • Online Application Performance
  • Deployment Frequency
  • Automated Test Pass Percentage
  • Online Application Availability

Why build a dashboard for Storage Costs?

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How to use Metabase to measure Storage Costs

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