Shared accounts of joomla web hosting are being most commonly used. This way of getting your website hosted is quite cheap. If you choose this option, then you get to have almost all the features of Joomla, which your website would require, in order to function properly and you will just have to pay less than $10/month. If you will choose this option, then your website is going to be placed on the server, which is already hosting a large number of other websites. Shared Joomla hosting is not suitable for extensively large and professional websites, as the bandwidth and disk on space is limited.
Shared Joomla hosting would be quite suitable for all those, who are new in the world of web hosting. They will get a chance of hosting, managing and learning the best way of using Joomla hosting technique. For a small to medium sized website, this technique of hosting would be more than enough.