Hetzner provides exactly that: a VPS. They're also cheaper than DigitalOcean, I assume, because EU web hosting is way more competitive and US VPS offerings have traditionally been way overpriced.
Let's also be realistic here: CloudFront is a good solution if you need a file to be served over CDN with low latency in multiple regions. Raw s3 or just a web server is much cheaper if you don't need low latency over multiple regions.
>EU web hosting is way more competitive and US VPS offerings have traditionally been way overpriced
US offerings being way more overpriced than EU alternatives also boils down to the much larger capital/war-chest US tech companies have at their disposal to spend on Ops to conquer a market, a fact reflect in those prices but also in things like dev salaries, office equipment, etc.
EU offerings are better priced because most EU companies, who aren't bankrolled by some mega VC fund, cannot afford to pay US levels of pricing.
Let's also be realistic here: CloudFront is a good solution if you need a file to be served over CDN with low latency in multiple regions. Raw s3 or just a web server is much cheaper if you don't need low latency over multiple regions.