Price tiers are a way to classify Azure resources by cost. They are also a way to group resources so that you can easily find the resources that best fit your needs.
Azure provides three price tiers: Basic, Standard, and Premium.
Basic tier is the most affordable option, and it offers a limited number of resources. Standard tier is the next most affordable option, and it offers more resources than the Basic tier.
Premium tier is the most expensive option, and it offers the most resources.
The price tiers are based on the number of cores and memory that are available. The number of cores is the number of processing cores in a virtual machine.
The number of memory slots is the number of gigabytes of memory in a virtual machine.
You can find the price of a resource in the Azure portal by selecting the resource, clicking the Pricing tab, and then selecting the price tier.
The pricing tiers are not limited to Azure resources. You can also find pricing tiers for services such as storage, compute, and networking.