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Hi Kannan,
You can follow the below documents to configure the lifecycle policy on the S3 bucket or you can directly upload the data to S3 Glacier to avoid additional data transfer charges.
https://docs.aws.amazon.com/AmazonS3/latest/userguide/how-to-set-lifecycle-configuration-intro.html https://docs.aws.amazon.com/amazonglacier/latest/dev/uploading-an-archive.html
Find the Data transfer pricing here: https://aws.amazon.com/s3/pricing/
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Data should available in minimum 90 days and per object minimum 40 KB to stay in standard bucket. After that only we can move the data from standard to Glacier using lifecycle configuration. If 90 days completed then we have go to -> Management->lifecycle configuration-> create rule name ->and select current/non current version need to be move->and then select glacier flexible retrial- (formerly glacier)->enter days for after object creation.