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Yes and No,

You will get charged for storage, Elastic IP but not runtime cost of EC2, because instance is not running.

See the details from AWS EC2 FAQ and EC2 Documentation

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Burak Cansizoglu
Burak is a seasoned freelance Cloud Architect and DevOps consultant with over 16 years of experience in the IT industry. He holds a Bachelor's degree in Computer Engineering and a Master's in Engineering Management. Throughout his career, Burak has played diverse roles, specializing in cloud-native solutions, infrastructure, cloud data platforms, cloud networking and cloud security across the finance, telecommunications, and government sectors. His expertise spans leading cloud platforms and technologies, including AWS, Azure, Google Cloud, Kubernetes, OpenShift, Docker, and VMware. Burak is also certified in multiple cloud solutions and is passionate about cloud migration, containerization, and DevOps methodologies. Committed to continuous learning, he actively shares his knowledge and insights with the tech community.

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