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Hi Karthik,
Snowball is usually cheaper (no per-GB charge), but depending on your bandwidth may take longer, and requires a bit more effort. You will need 3 Snowball Edge Storage Optimized devices for 200TB, at $300 each, vs. $2,560 to copy the data with DataSync (public pricing in us-east-2).
All Snow Family transfers land in S3 Standard and have to be copied from there.
Most optimized approach is DataSync directly to EFS (Intelligent Tiering so the data lands in Standard for good copy performance and gets tiered down to Infrequent Access).
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