Wasabi
Hot cloud object storage at $6.99/TB/month with no egress fees and S3-compatible API. Up to 80% cheaper than AWS S3.
Best for affordable S3-compatible object storage
Our Verdict
Hot cloud object storage at $6.99/TB/month with no egress fees and S3-compatible API. Up to 80% cheaper than AWS S3.
Rating Breakdown
Why Trust This Review
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Pros & Cons
Pros
- Up to 80% cheaper than AWS S3 with no egress fees
- Fully S3-compatible API — works with existing tools and workflows
- Simple, predictable pricing at $6.99/TB/month
- Object Lock for immutable storage and ransomware protection
Cons
- Not a consumer cloud drive — requires S3-compatible tools
- 1TB minimum storage requirement
- 90-day minimum storage duration for deleted objects
- No built-in file sharing or collaboration features
Full Review
Overview
Wasabi is a cloud object storage provider designed to compete directly with Amazon S3 at a fraction of the cost. With no egress fees, no API request charges, and straightforward per-TB pricing, Wasabi is the go-to choice for businesses that need affordable, high-performance object storage.
Storage and Pricing
Wasabi charges $6.99/TB/month with no additional fees for egress or API requests. There is a 1TB minimum and 90-day minimum storage duration. Reserve pricing with annual commitments starting at 20TB offers further discounts. Compared to AWS S3 Standard at approximately $23/TB/month plus egress fees, Wasabi can be up to 80% cheaper.
Key Features
Wasabi is fully S3-compatible, meaning any application, tool, or backup solution that works with Amazon S3 also works with Wasabi. It supports immutable storage (Object Lock) for compliance and ransomware protection. Multi-region storage is available across data centers in the US, Europe, and Asia-Pacific.
Security
Wasabi provides AES-256 server-side encryption, bucket-level access policies, and multi-factor authentication for account access. Object Lock enables WORM (Write Once Read Many) compliance for regulatory requirements. Data is stored with 11 nines (99.999999999%) of durability.
Who Should Use Wasabi
Wasabi is ideal for businesses, developers, and IT professionals who need large-scale object storage without surprise egress bills. It is especially popular for backup storage, media asset management, surveillance footage, and data archival. It is not a consumer-facing cloud drive — you need a compatible application or S3 client to use it.
Alternatives to Wasabi
Frequently Asked Questions
No, Wasabi is an object storage service for developers and businesses, not a consumer cloud drive. It does not have a desktop sync client, file sharing UI, or mobile app like Google Drive or Dropbox. However, many backup tools (like Veeam, MSP360, and Duplicati) support Wasabi as a storage backend, making it ideal for backup destinations.
Wasabi does not charge for egress (data downloads). This is one of its biggest advantages over AWS S3, Azure, and Google Cloud, which all charge per-GB egress fees that can add up quickly. With Wasabi, you pay only the flat $6.99/TB/month for storage. Your free egress allowance equals your total stored data per month.