No,it’s not. There are hosting solutions that are a lot cheaper. However, you need to know how hosting works to understand why some hosting is cheaper and why that is detrimental to your online business. A hosting company has shared hosting so you are sharing resources with other people. Some hosting companies really push this to squeeze as many people into their accounts as possible, which ends up with cheaper prices but also terrible performance.
Then there’s re-seller accounts. I have an account with Siteground that enables me to build “unlimited’ sites. I could resell 1000 websites if I wanted to and that could be done really cheap. But again, you’d be sharing resources with 999 other people and your website would suffer with poor performance. I limit my account to only 10 websites per account for my clients so they still get the great benefits of Siteground hosting.
Hosting acts as the foundations of your online business which everything else is built upon. It really is one of the most important aspects of building your business so it’s important to get solid foundations that will serve you now and forever. Moving hosting is one of the most difficult things to manage.