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S3 is the destination for Cloud Trail log files. You have control over this file storage lifecycle and can copy the bucket elsewhere. https://docs.aws.amazon.com/AmazonS3/latest/userguide/object-lifecycle-mgmt.html
For the first year of your account you get 5GB of S3 storage a month for free, as well as other features and services. https://aws.amazon.com/free/
A bit on Cloud Trail logging https://docs.aws.amazon.com/awscloudtrail/latest/userguide/view-cloudtrail-events-console.html
The only FREE (storage invisible to you) event logging included with CloudTrail is the Event History which only logs management events for the past 90 days. In order to store CloudTrail events for longer than 90 days or to store both management and data events, here are a couple of options (incur a cost):
- Create a CloudTrail trail (events delivered to S3)
- Create an event data store (no S3) as part of CloudTrail Lake (events stored in a managed data lake with convenient SQL-based querying capabilities)
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