Should I change my current Hosting requirements or even a change of host?

My hosting is due for renewal and I'm looking at my options. Currently I am with KnownHost, who have been excellent on customer support, although I haven't needed much of it in recent times.

My package is MVPS-3:

• 4 CPU (Intel(R) Xeon(R) CPU E5-2680 v4 @ 2.40GHz)
• 150gb storage
• 6gb ram
• LiteSpeed Webserber Enterprise
• LiteMage (Magento)
• Softaculous
• cPanel Pro 30 Acct

This is costing me about $1,300 per year.

My forum is here...

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