IONOS vs Nebius: H200 price

IONOS is cheaper by €1.80 per GPU-hour (€3.00 vs €4.80), which is 38% less than Nebius, or Nebius costs 60% more. For one H200 running a full month (730 h) that is €1,314 ex-VAT; for an 8-GPU node, €10,512 a month.

IONOS€3.00/hcheapest offer

Nebius€4.80/hcheapest offer

Difference€1.80/h38% cheaper

1 GPU-month (730 h)€1,314saved

On-demand list prices, ex-VAT, per GPU-hour, from each provider's public price page (dates in the table). Nebius's price is converted from USD at the ECB rate. Reserved or committed-use deals can be cheaper.

Every H200 offer from IONOS and Nebius

Provider	GPU	€/GPU-h	100 h	Location	Source
1. IONOS EU-ownedEU DCISO 27001BSI C5	H200 (PCIe)~0.19 kgCO₂/h	€3.00	€300	Germany	source2026-10-19
2. Nebius EU HQEU DCISO 27001SOC 2	H200~0.02–0.03 kgCO₂/h	€4.80 usd	€480	Finland/France	source2026-10-19

* data-centre location not published; provider HQ country shown. usd = converted from USD at the ECB rate; approx = provider marks the price as approximate. CO₂ = rough estimate (GPU draw × country grid average, Ember data). EU-owned / EU HQ / EU DC / certs: from provider pages, what they mean.

Where and who

Data-centre location of the cheapest offer: IONOS Germany, Nebius Finland/France. * = not published by the provider, HQ country shown.

IONOS
HQ	Germany
Ownership	EU-owned member of the United Internet group
US parent	No
Non-EU regions	also has US data centres
Certifications	ISO 27001, BSI C5
Notes	GPU VM page states BSI C5 attestation and ISO 27001 (IT-Grundschutz) for IONOS Cloud.
Sources	1 2checked 2026-10-19

Nebius
HQ	Netherlands
Ownership	EU HQ Nebius Group N.V., listed on Nasdaq (NBIS); no controlling parent named
US parent	No
Non-EU regions	US, UK, Israel regions
Certifications	ISO 27001, SOC 2
Notes	EU regions: Finland, Spain, France (+ Iceland, private).
Sources	1 2 3checked 2026-10-19

Ownership and certification labels from provider pages, not legal advice. What they mean.

Why the country matters

Germany: wholesale power €145/MWh (Sep 2026, 5th cheapest of 9), grid 275 gCO₂/kWh (Jun 2026).
Finland: wholesale power €57/MWh (Sep 2026, cheapest of the 9 countries we track), grid 47 gCO₂/kWh (Jun 2026).
France: wholesale power €143/MWh (Sep 2026, 4th cheapest of 9), grid 30 gCO₂/kWh (Jun 2026).

Electricity is one of many provider costs; it doesn't set GPU prices. Country averages from Ember (CC-BY-4.0). All countries.

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