cache.r8gd.xlarge reserved and savings plan prices

A 1-year standard reserved instance for cache.r8gd.xlarge with no upfront payment costs $0.4059 per hour in Europe (Spain), 32% less than on demand ($0.5969). The biggest saving is a 3-year standard reserved paid all upfront, at $0.2686 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–$0.4059$0.4059$296.3132%–
1 yearStandard reservedPartial upfront$1,699.37$0.194$0.388$283.2335%month 6
1 yearStandard reservedAll upfront$3,346.46$0$0.382$278.8736%month 8
3 yearsStandard reservedNo upfront–$0.3104$0.3104$226.5948%–
3 yearsStandard reservedPartial upfront$3,764.77$0.1433$0.2866$209.1952%month 12
3 yearsStandard reservedAll upfront$7,058.94$0$0.2686$196.0855%month 17

Reserved prices by region

No upfront, standard, USD per hour.

RegionOn-demand1-yr reserved3-yr reserved3-yr saving
Europe (Spain)$0.5969$0.4059$0.310448%

More on cache.r8gd.xlarge

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