cache.r8gd.8xlarge reserved and savings plan prices

A 1-year standard reserved instance for cache.r8gd.8xlarge with no upfront payment costs $3.247 per hour in Europe (Spain), 32% less than on demand ($4.775). The biggest saving is a 3-year standard reserved paid all upfront, at $2.149 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–$3.247$3.247$2,370.3832%–
1 yearStandard reservedPartial upfront$13,594.99$1.552$3.104$2,265.8035%month 6
1 yearStandard reservedAll upfront$26,771.68$0$3.056$2,230.9736%month 8
3 yearsStandard reservedNo upfront–$2.483$2.483$1,812.6648%–
3 yearsStandard reservedPartial upfront$30,118.14$1.146$2.292$1,673.2052%month 12
3 yearsStandard reservedAll upfront$56,471.52$0$2.149$1,568.6555%month 17

Reserved prices by region

No upfront, standard, USD per hour.

RegionOn-demand1-yr reserved3-yr reserved3-yr saving
Europe (Spain)$4.775$3.247$2.48348%

More on cache.r8gd.8xlarge

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