cache.r8gd.2xlarge is an AWS ElastiCache size with 8 vCPUs, 61.33 GiB memory. In Europe (Spain) it costs $1.194 per hour on demand ($871.47 per month) for Valkey; a 1-year reserved instance with no upfront costs $0.8118 per hour, 32% less.
Prices by region
USD per hour, Valkey. Reserved prices are no upfront, standard. Cheapest on-demand first.