You’re paying more, so there SHOULD be a minimum uptime guarantee and better server speed. Look for a host that offers 99.5% at a very minimum, although ideally, I’d rather go with someone who offers 99.9%. Search through some reviews as there are many who have put this to the test. For example, any of WHSR’s many web host reviews include an uptime record as one of our key tests.
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.
Similarly, in the case of VPS, there are several users that are using the same server but they are isolated from each other. It means that no one will be affected by how much resources another is using. You will get the speed and security that you need without compromise. It is almost a perfect scenario because you will get the benefits of a private server with shared cost of services.
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.
You also get the following benefits:
A virtual private server (VPS) is a virtual machine (something like a computer divided into many smaller machines using special software).[1] They are often used by Internet hosting providers. Multiple VPS's run on the same machine, but they are separated as they will only share hardware resources without interfering on software level. A VPS is dedicated to the customer's needs, has the privacy of a separate physical computer, and can run server software. There are many platforms that can run a VPS. Some of them are VMWare and Xen.[2]
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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.
For years, Minecraft has inspired creativity in players. The size of the Minecraft world is bigger than the planet Earth. It is a ridiculously large playground where you can build something on your own or collaborate with other players. If you prefer multiplayer, you can set your own server up and create the world for you and your friends. Running your own server gives your certain power: you can choose a game mode, invite and ban players, change their spawn points, etc. There are a number of advantages you will get if choose to set a Minecraft server on a VPS instead of your home PC:

So that’s it, then – a VPS is for everything in between, right? Well, yes…and no. A VPS (Virtual Private Server) is a flexible solution that falls in between shared and dedicated hosting, not only in price but also in the way it functions. Like a dedicated server, a site hosted on a VPS gets its own RAM and disk space; however, like a shared server, it uses the same processing capacity (CPU) as a certain number of other sites. So, while your site’s performance isn’t reliant on shared RAM and disk space, it is dependent on a shared processor. Moreover, the distribution of processor share varies from provider to provider.  The table below shows how most hosting companies break down the differences between shared, VPS, and dedicated hosting plans:

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