AWS IPv4 pricing changes everything

UPDATE: AWS has now updated their pricing for the Lightsail to reflect their IPv4 charges. Now the cheapest IPv4 Lightsail plan will cost $5.

So my previous calculations regarding monthly AWS costs are now incorrect. 

Originally IP addresses were free as long as they were attached to your EC2 instance.

Now you will get charged around $3.60 per month for just the IPv4 address alone! And then you have to pay for the compute. 

Given that the compute itself only costs around $1.40 per month on a 3 year reserved plan, this means the IP address itself is more than double the price of the instance itself.

This is especially ridiculous given that a $3.50 Lightsail instance gives you both the compute as well as a static IP address.

So if you use EC2 you are paying $3.60 just for the IP address, not including the compute. When you could be paying $3.50 for Lightsail which includes free IP plus compute.

IMO the AWS IPv4 pricing is overpriced compared to some other places, e.g. Hetzner charges only $0.65 for an IPv4 address per month.