I am new to Serverless architecture using AWS Lambda and still trying to figure out how some of the pieces fit together. I have converted my website from EC2 (React client, and node API) to a serverless architecture. The React Client is now using s3 static web hosting and the API has been converted over to use AWS Lambda and API Gateway.
In my previous implementation I was using redis as a cache for caching responses from other third party API's.
API Gateway has the option to enable a cache, but I have also looked into Elasticache as an option. They are both comparable in price with API Gateway cache being slightly costlier.
The one issue I have run into when trying to use Elasticache is that it needs to be running in a VPC and I can no longer call out to my third party API's.
I am wondering if there is any benefit to using one over the other? Right now the main purpose of my cache is to reduce requests to the API but that may change over time. Would it make sense to have a Lambda dedicated to checking Elasticache first to see if there is a value stored and if not triggering another Lambda to retrieve the information from the API or is this even possible. Or for my use case would API Gateway cache be the better option?
Or possibly a completely different solution all together. Its a bit of a shame that mainly everything else will qualify for the free tier but having some sort of cache will add around $15 a month.
I am still very new to this kind of setup so any kind of help or direction would be greatly appreciated. Thank you!