I suggest not to use AWS if you know that you'll need a server 24/7. Old-school hosters which offer dedicated servers are much cheaper for that use-case.
There are several offers here in Europe where you can get an i7-6700, 64gb RAM and 1tb SSD for less than €60/month. AWS would cost you at least 3-4x as much. You'll lose the flexibility of AWS, but save a ton of cash.
I suggest not to use AWS if you know that you'll need a server 24/7. Old-school hosters which offer dedicated servers are much cheaper for that use-case.
There are several offers here in Europe where you can get an i7-6700, 64gb RAM and 1tb SSD for less than €60/month. AWS would cost you at least 3-4x as much. You'll lose the flexibility of AWS, but save a ton of cash.