Many AWS users, both novice and experts, often encounter high Amazon EBS, or elastic block storage, bills. The primary reason is that these AWS EBS volumes, irrespective of whether attached to an EC2 instances or not, continue to retain information and accrue charges when active.
Often, admins forget deleting EBS volumes attached to individual EC2s and get slashed by the bill.
It's critical to remember that even though EBS volumes are attached to individual instances, they are billed separately. Moreover, pricing for these volumes depends on EBS storage itself (GB-months), storage used for snapshots as a backup, and provisioned IOPS (IOPS-months).
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