Cloud storage is convenient. You don't need to take care of another device and you can simply move your photos, videos, documents, and project files from your smartphone or your personal computer in a hassle-free way. But in 2026, the economics of storing data on cloud vs a physical hard drive have changed drastically. Between SSD prices becoming more affordable in 2026 and aggressive price hikes on various tiers of popular cloud-based subscription services, a standard 1TB plan easily upwards of ₹2,000 from your wallet.
What's more? While there is an upfront cost on the purchase of an SSD, a cloud subscription is recurring cost. And it all adds up.
Cost of renting 1TB of cloud storage for 3 years
- Apple iCloud+: Apple doesn't offer a 1 TB plan. So you are forced to buy the 2TB plan at ₹749 per month.
3 Years of iCloud storage costs: ₹749 x 36 months = ₹26,946
