Shared WordPress Hosting: The tried-and-true traditional hosting option that many website owners start with. Because it's the most affordable way to get all the basics for your WordPress website, it's perfect if you're new to WordPress. This beginner-friendly plan is a simple and low-cost option that can get you on your feet before you're ready to upgrade.
A VPS runs its own copy of an operating system (OS), and customers may have superuser-level access to that operating system instance, so they can install almost any software that runs on that OS. For many purposes they are functionally equivalent to a dedicated physical server, and being software-defined, are able to be much more easily created and configured. They are priced much lower than an equivalent physical server. However, as they share the underlying physical hardware with other VPSes, performance may be lower, depending on the workload of any other executing virtual machines.[1]

I had been looking for a good website builder at an affordable price, with quality relative to price being the main factor for me. The GoDaddy Website Builder was the perfect tool for what I wanted to do, and I was very pleased indeed with the experience. I didn't encounter any problems or areas I felt could be improved upon, even being a novice - completely new to website building with no experience at all prior to doing it. It was the look of my website which, combined with the ease to set up, made my particularly happy - with the professional presentation absolutely unbeatable compared to other sites I had looked into. I would certainly recommend GoDaddy Website Builder to anyone wishing to set up a high-quality website at a very affordable price.
Beyond that, DreamHost is a top website hosting company for many reasons. It operate its own control panel, which is convenient and easy to understand. While phone customer support isn't available 24/7, it is responsive to live chat and tickets. The company uses super-fast SSDs for all its storage, has a free SSL certificate (for more secured web browsing) and provides SSH access for those plans that are intended for more technical users.
Users of Shared hosting all share the resources on the server their websites are on. There is no guarantee of RAM or CPU with Shared hosting. Shared hosting also does not provide full root access to the server, as opposed to VPS package where users are given full root access to perform commands and make configuration changes to their hosting environment.
We use this analogy on our web hosting page. Shared hosting is like an apartment building – lots of residents in the same building, sharing the same resources, but also very affordable. Dedicated servers are like having your state-of-the-art house, where you’ll pay a lot more, but you also don’t have to share the space or utilities with anyone. VPS is in the middle, like a townhouse, where you have a few residents in the same building, but you each have dedicated resources and are in full control of your home. It costs less than a dedicated server, but still gives you much of the same benefits. 
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