Yes—but do not choose an annual cloud server by multiplying the advertised monthly price by 12. Promotional terms, renewal prices, backups, IPv4, bandwidth, tax, and control-panel licenses can change the real first-year cost substantially.

For a server that will run for roughly one year, my five recommendations are LightNode, Hetzner Cloud, Hostinger VPS, Kamatera, and IONOS. They suit different buying strategies: