cache.r8gd.16xlarge reserved and savings plan prices
A 1-year standard reserved instance for cache.r8gd.16xlarge with no upfront payment costs $6.494 per hour in Europe (Spain), 32% less than on demand ($9.551). The biggest saving is a 3-year standard reserved paid all upfront, at $4.298 per hour effective, 55% less.
Every option in Europe (Spain)
Valkey prices. Effective price spreads any upfront payment over the term; break-even is the month the commitment starts costing less than on demand.
| Term | Option | Payment | Upfront | Hourly | Effective /hr | Effective /mo | Saving | Break-even |
|---|---|---|---|---|---|---|---|---|
| 1 year | Standard reserved | No upfront | – | $6.494 | $6.494 | $4,740.91 | 32% | – |
| 1 year | Standard reserved | Partial upfront | $27,190.56 | $3.104 | $6.208 | $4,531.73 | 35% | month 6 |
| 1 year | Standard reserved | All upfront | $53,544.48 | $0 | $6.112 | $4,462.04 | 36% | month 8 |
| 3 years | Standard reserved | No upfront | – | $4.966 | $4.966 | $3,625.40 | 48% | – |
| 3 years | Standard reserved | Partial upfront | $60,237.54 | $2.292 | $4.584 | $3,346.50 | 52% | month 12 |
| 3 years | Standard reserved | All upfront | $112,945.40 | $0 | $4.298 | $3,137.37 | 55% | month 17 |
Reserved prices by region
No upfront, standard, USD per hour.
| Region | On-demand | 1-yr reserved | 3-yr reserved | 3-yr saving |
|---|---|---|---|---|
| Europe (Spain) | $9.551 | $6.494 | $4.966 | 48% |
More on cache.r8gd.16xlarge
Prices in USD, updated 2026-11-12 from AWS public price lists. Compare all AWS ElastiCache options.