If you are considering purchasing reserved EC2 instances for your project, you should first consider whether you will need a light utilization, medium utilization or heavy utilization machines. Once you decide on the type of utilization, you have to consider the region of availability. Easy to compare the pricing is freely available from PromptCloud -
ec2-ondemand-vs-reserved-instance-pricing
ec2-ondemand-vs-reserved-instance-pricing
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