Yes, there are numerous types of hosting and firms with larger prices, but we must also understand that not every host is pricey. For example, when it comes to hosting costs, VPS and dedicated servers are more expensive than shared hosting.
Compared to other hosting types, shared hosting is the most affordable because it is shared among users, resulting in a low cost.
However, if you own your server and want to host a website, you will have to pay more.
Below are the reasons for that, which consists extra costing:
For maintenance of servers, Extra costs incur.
Higher Storage is required for the website.
Websites require bandwidth to operate.
For managing such servers, Customer Support costs also incur.
Scaling web hosting Infrastructure is required to meet the website's demand.
From the preceding points, you should see where both you and the hosting provider spent the cost of web hosting.
If you want to host a large-scale website, you'll need web hosting that can meet your needs quickly, and you'll have to spend more money to do so.
That is the main reason why you believe that hosting costs are increasing and that it is costly.
I hope this information is useful!