Monthly archive usage is calculated as the sum of the usage of all currently archived sites. Each site’s usage is equal to the site storage usage of that site, which can be seen on the site itself or from the Active sites page in the SharePoint admin center. The size of an archived site, and therefore the storage for which it’s billed, changes only if the content in the site changes. For example, content naturally expiring in the recycle bin or a retention policy deleting content within the site directly from archive to the recycle bin.
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