Shared hosting may be the least expensive way to host your website, but that doesn’t necessarily mean it’s the best option. It’s helpful to think of shared hosting as a “one size fits all” solution — albeit one that doesn’t fit some websites particularly well. With a shared hosting plan, you’ll share a server’s storage and processing power with hundreds of other websites. If just a few of the other websites on your server start picking up more traffic, it could make your site run significant slower. If you happen to be running a growing business and can afford to pay at least $15 to $30 per month, a managed WordPress host should be a no-brainer, though. A managed WordPress hosting service cater specifically to clients who run exclusively WordPress sites, offering a highly tuned server that’s always running the most optimal versions of PHP and MySQL (and automatically updating them as needed).