Does amazon charge you if your instance is stopped

Question

I am a little confused, can someone help me as does amazon charge if the instance is in stopped state?

Answer 1

No, you are not charged for the stopped instances. In AWS you are charged for the following things in EC2:

1. Online time
2. Storage space (you store the image on S3 [EBS])
3. Elastic IP addresses

So... if you stop the EC2 instance you will only have to pay for the storage of the image on S3 and any elastic IP addresses you've reserved. Hope this gives you a clear idea about the billing.