this post was submitted on 20 Jun 2023
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I'm using the managed solution from Hetzner (they name it "Storage Share" but it is just the same Nextcloud). Here you have the admin rights in your own instance, including setup keys, cryptography, access, etc. I'm paying 4.29 eur/month for 1Tb of storage (including all the services of Nextcloud, like tasks, contacts, etc.).
I think that maintaining the own Nextcloud on the EC2-like instances will be even more expensive and also requires a lot of time. So, for me managed solution with control over keys is a good balance of privacy and control over data versus number of efforts and technical complexity.
If they offered a way to export/import the DB and user files as is, it would be great. But you are kind of stuck with Hetzner if you go there, transferring elsewhere will be a pain. Probably need to use the desktop client to download everything and then again upload to the new place.
not a bad price esp if you don't care to manage the machine itself.