Keep firmly in your mind the sort of assets that you require to serve your site(s) when seeking a host. Cost in a VPS is important, but not as key as you might think. VPS resource availability is scalable, so the cost that needs to be looked at is comparable cost from one host to the next. Also – as cPanel revised their pricing model recently, web hosting companies across the board will have to pass those costs on to users sooner or later. You will need to consider the cost of control panel when selecting a VPS plan. Companies like ScalaHosting has developed their own control panel to mitigate this issue – so their users would have little issues with the price hike.
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"Root" gives you administrative level access to edit, install and configure all of the files on your server, including system-critical files. It gives you ultimate access to your server. This gives you the ability to configure your server to your exact needs. While root access gives you full control of your server, it is intended for experienced users, engineers and developers. That's because you do have the potential to misconfigure or delete those system critial files if you're unfamiliar or inexperienced with what you're doing.
However, if a bad user shares your server with you, they can threaten your security and allow hackers to easily reach your content and critical data. Furthermore, because you’re all sharing the same resources, if any of the users that you’re sharing your server with use a lot of memory or their site has a lot of traffic, your website’s performance is likely to suffer.
Similarly, in a real dedicated server, you will pay for the entire server that is not shared with anyone else. You will get complete control over all services. Unfortunately, it is also the most expensive hosting option and needs some technical expertise to manage. It is commonly used by those who have websites with specific scenarios, most commonly extremely high traffic and tight security requirements.
Essentially, here’s the criteria I would use to judge things – if your site is made up of primarily static, HTML-based content, then you probably don’t need a VPS package.  However, if you have a large amount of files stored, multiple sites, dynamic content, and the possibility of major traffic from time to time, then you might consider upgrading to a VPS. It’s a powerful package that allows you to do more than you could with a shared hosting plan, but requires less investment than a dedicated server.
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