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/Peo, FreeWebSpace.net
Instead of looking for web hosting on cost factor basis, I would recommend you to compare features, addons and hosting support service etc. They can help you to differentiate between different companies in better way.
I would advice users or visitors to use paid hosting services rather then using free hosting services. You get hosting free but your data is not secured or protected.
I can understand that money is the major concern for everybody but one should not always look for cheap hosting. Everyone needs to check the features, addons and services provided by the hosting company. These things also matters a lot.
From my point of view Paid Hosting is the right choice to go with. They provide fully managed hosting packages and data security. While in case of free hosting, you do not get such assurance.