My case is a variant of that - I used to host on a VPS, but the storage available was extremely expensive for, say, more than 16 GB. Tired of having to trim data literally daily, I went and purchased a home server with all the storage I would need. The problem? My home internet, being residential, is behind CG-NAT (not even a dynamic IP!), and that means renting a (much cheaper) VPS solely to expose my server to the open internet with a static IP.
For exposing your server to the internet, a $10/year 512MB RAM VPS would be more than enough. You can also get VPSes with way more storage for a reasonable price, especially during Black Friday. The VPS I’m hosting Lemmy and Mastodon on has 99GB disk space and is only $33/year, but that was part of a limited sale.