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Namecheap may not be the CHEAPEST hosting provider (check out GoDaddy's disturbingly cheap shared hosting ) but I would also not consider it expensive. Hosting and domain registration are about $9 a month typically. Considering how high quality Namecheap's products are and how much customer support Namecheap provides, I would honestly expect their prices to be higher. But if you're patient like me and buy your domain and hosting package on Black Friday, you can get a year of registration and hosting for only $2.00!
For someone looking for a hosting provider that is a perfect mixture of budget and features, Namecheap is the one!
Also, I can't stress how great their customer support is. I would say their customer support agents are close to rivalling the support agents at WPEngine, and that's saying a lot because WPEngine is probably one of the most expensive hosting options.
The UI is really complicated unnecessarily, the prices are expensive and in some instances you're charged even after you've cancelled your service.
Namecheap is the best domain registrar in the universe, hands down. They provide a solid product (the domain-name blood that keeps us flowing online) at an extremely reasonable price, amazing management tools with a solid UI/UX on the control panel, and the CEO did an AMA on reddit (we love reddit).
We used Namecheap to register https://bookauthority.org
free 1 year .me domain for students; condr.me