With what is shared web hosting, cheap Linux web hosting can be had for the lowest price possible. The server hardware itself is shared amongst several users. Hence, there is no customisation, but rather there are certain restrictions everyone uses the exact same software already installed by the host. Still, if you own a small to medium sized website, then such an online service will suit you fine. In fact, it's really easy to find a cheap shared web hosting service, and you should be able to get one for under $60.
Linux shared hosting can offer several benefits to those that need shared hosting services. Firstly, Linux is open source and has been used for years on servers. This means that scripts written for Windows or Apple OS X cannot be run on Linux. Secondly, Linux is an extremely fast operating system, which means that your website will load instantly. The best shared web hosting providers offer uptime guarantees, which mean they guarantee that at no point during your website's life, will your data be lost. You will also be able to make changes to your site easily using an FTP client.
Overall, what is cheap price Linux web hosting, really comes down to your unique requirements. If you simply want to host a personal blog or personal page for your family, then perhaps a shared hosting plan will be the best choice. If you need to host more pages, or you need to upload heavy graphics, then you will require a dedicated server location. If your website requires a lot of customization and you don't mind paying a little bit extra money, then you could consider purchasing and reselling your own server location, rather than using the cheaper shared hosting option. Whichever you choose, however, you will have a lot of fun with what is affordable Linux web hosting these days.