db.m3.medium is an AWS RDS size with 1 vCPU, 3.75 GiB memory. In US East (N. Virginia) it costs $0.095 per hour on demand ($69.35 per month) for PostgreSQL, Single-AZ. It is sold in 10 regions.
Prices by region
USD per hour, PostgreSQL, Single-AZ. Reserved prices are no upfront, standard. Cheapest on-demand first.