Google Cloud Platform offers a range of storage options for Compute Engine, each designed for different use cases and optimized for cost. The options include:

• Standard Storage: Ideal for frequently accessed data; offers high availability and low latency.
• Nearline Storage: Suitable for data accessed less often, with lower storage costs but a retrieval fee.
• Coldline Storage: Most cost-effective for rarely accessed data, like compliance and archival data, with lower storage costs but higher retrieval fees.
• Archive Storage: Best for data rarely accessed and can tolerate higher retrieval times; offers the lowest storage costs but has the highest retrieval fees and longer times.
• Regional Storage: Ensures high availability within a specific region.
• Multi-Regional Storage: Offers high availability by replicating data across multiple regions, suitable for global applications requiring low-latency access.

The pricing varies based on the storage class, region, and the amount of data stored. For example, the price of Standard Storage is $0.023 per GB per month. It’s important to choose the right storage class based on your specific needs and budget considerations. For detailed and up-to-date pricing information, refer to Google Cloud’s official documentation.