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5 min read·Lesson 10 of 10

Azure Pricing and Cost Management

Understand Azure's pricing models, Cost Management tools, budgets, the Pricing Calculator, SLA commitments, and the shared responsibility model.

Understanding Azure's pricing model is essential for cost-effective cloud operations and for the AZ-900 exam, which dedicates a significant portion to cloud economics and billing.

Azure Pricing Principles

  • Consumption-based: Pay only for what you use — no upfront capital expenditure (CapEx). This shifts to operational expenditure (OpEx).
  • Per-second or per-minute billing: VMs are billed per minute or second (varies by service). No rounding to the hour.
  • Free services: Azure offers a free tier with 12 months of popular services free, 55+ always-free services, and a $200 credit for new accounts.
  • Zone pricing: Intra-region data transfer (within the same AZ) is typically free. Cross-region and internet egress incur charges.

Pricing and Licensing Options

OptionDiscountCommitment
Pay-as-you-goNone — stop anytime
Azure Spot VMsUp to 90%None (preemptible)
Reserved Instances (RI)Up to 72%1 or 3 years
Azure Savings PlansUp to 65%1 or 3 years (flexible, not VM-specific)
Azure Hybrid BenefitUp to 85% combinedBring existing Windows Server / SQL Server licences
Dev/Test pricingVariesVisual Studio / MSDN subscription required

Azure Cost Management + Billing

Azure Cost Management is the native tool for monitoring and optimising Azure spend:

  • Cost Analysis: Visualise spending by subscription, resource group, service, tag, or time period
  • Budgets: Set spending limits and receive alerts when thresholds are crossed (e.g., 80%, 100%, 120% of budget)
  • Cost Alerts: Budget alerts, anomaly alerts, and department/account quota alerts
  • Recommendations: Azure Advisor cost recommendations (right-sizing, reserved instance opportunities)
  • Exports: Schedule recurring CSV exports to Storage for custom analysis in Power BI

Pricing Calculator

The Azure Pricing Calculator (azure.microsoft.com/pricing/calculator) lets you estimate costs before provisioning any resource. Select services, configure them, and get a monthly cost estimate. Save and share estimates with your team.

Total Cost of Ownership (TCO) Calculator

The TCO Calculator compares the cost of running workloads on-premises vs in Azure, factoring in hardware, software licences, electricity, data centre space, and IT staff. Useful for building the business case for cloud migration.

Service Level Agreements (SLAs)

Azure SLAs define the guaranteed uptime and connectivity percentages for each service:

SLAMax Annual Downtime
99%~87.6 hours
99.9%~8.76 hours
99.95%~4.38 hours
99.99%~52.6 minutes
99.999%~5.3 minutes

Composite SLA: When multiple services are combined, the effective SLA is the product of individual SLAs (e.g., 99.9% × 99.9% = 99.8%).

Shared Responsibility Model

Microsoft ResponsibilityCustomer Responsibility
Physical data centre securityData and application security
Network and hypervisor infrastructureIdentity and access management
Managed service patching (PaaS/SaaS)OS patching (for IaaS VMs)
Default encryption at rest and in transitCustomer-managed key rotation (optional)

Ready to test your Azure knowledge?

Practice with real exam-style questions for AZ-900 Azure Fundamentals and AZ-104 Azure Administrator.

Key Takeaways

  • Azure pricing is based on consumption — pay for what you use, with no upfront costs.
  • Reserved Instances provide up to 72% savings on VMs with 1 or 3-year commitments.
  • Azure Cost Management + Billing provides spending analysis, budgets, and cost alerts.
  • The Azure Pricing Calculator estimates costs before deployment.
  • The Total Cost of Ownership (TCO) Calculator compares on-premises vs Azure costs.
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Course Complete!

You've finished Microsoft Azure Fundamentals. Now put your knowledge to the test with real exam-style practice questions.