If you really want to penny-pinch unbundled solutions that charge you separately for compute, storage and ip addresses might be even cheaper, e.g. on scaleway you could get way with 1€/month if you go ipv6-only on their smallest instance type with a minimal amount of storage. Plus you get unlimited traffic with them.
That argument is silly because all those things could also be stored (encrypted) on cloud servers and downloaded from NZ at any time. Trying to protect the country from CP via border checks is like a comedy skit to me.