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I used to use S3 but quickly realized how expensive it is and switched to Hetzner. The more data you need to store and transfer, the more pronounced the difference is.

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Long-term archival / storage is not the use case for S3, that'd be more Glacier or B2's thing.

The storage itself is competitive with Hetzner's storage solutions (nextcloud or storage box), though you'd pay for traffic on top of that.

Glacier is wonderful. I am able to store basically everything I want and it costs me less than $1/mo

The cost in glacier is if you ever need to retrieve data

Right which is free for the first 10GB each month and then is $0.01 per GB after that for standard retrieval.

What's Hetzner's redundancy like?

I rent a 40 TB box with Hetzner set up as a 2x20TB RAID1 paying €78. I can be sure I won't pay more than that each month. With S3, I can be sure I'd pay at least $560 each month for 20 TB plus the traffic - and this made frequent synchronization pretty unattractive to me. So far their service was very reliable, with hard drives failing a couple of years, but they were replacing them very quickly (half an hour or so) so for me the availability of Hetzner is quite close to what I had with S3 - but I sleep better at night.

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