cache.r8gd.2xlarge reserved and savings plan prices

A 1-year standard reserved instance for cache.r8gd.2xlarge with no upfront payment costs $0.8118 per hour in Europe (Spain), 32% less than on demand ($1.194). The biggest saving is a 3-year standard reserved paid all upfront, at $0.5372 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.

TermOptionPaymentUpfrontHourlyEffective /hrEffective /moSavingBreak-even
1 yearStandard reservedNo upfront–$0.8118$0.8118$592.6132%–
1 yearStandard reservedPartial upfront$3,398.75$0.388$0.776$566.4735%month 6
1 yearStandard reservedAll upfront$6,692.92$0$0.764$557.7436%month 8
3 yearsStandard reservedNo upfront–$0.6208$0.6208$453.1848%–
3 yearsStandard reservedPartial upfront$7,529.54$0.2865$0.573$418.3052%month 12
3 yearsStandard reservedAll upfront$14,117.88$0$0.5372$392.1655%month 17

Reserved prices by region

No upfront, standard, USD per hour.

RegionOn-demand1-yr reserved3-yr reserved3-yr saving
Europe (Spain)$1.194$0.8118$0.620848%

More on cache.r8gd.2xlarge

Prices in USD, updated 2026-11-12 from AWS public price lists. Compare all AWS ElastiCache options.