Comment by Nextgrid

Most managed offerings run on virtual machines where performance is 1/10th of what you'd get on a bare-metal machine rented for the same cost. As an example, I'm currently working on a project where we have an Azure managed Postgres DB for a staging environment. It costs ~50$/month and is an order of magnitude slower than my entry-level MacBook. That amount of money would give you fast NVME storage, 8 core dedicated CPU (none of this cloud "vCPU" bullshit) and 64GB of RAM on bare-metal: https://www.soyoustart.com/en/offers/2009sys23.xml