Note: The dual meanings "host"/"guest" of Latin hospes and its progeny are due to customs of reciprocity: a person serving as guest on one occasion would act—and be expected to act—as host on another occasion to a visiting former host. Both Latin hospes and Slavic gospodĭ have undergone a considerable degree of phonetic reduction from their putative etymons—in particular in the Slavic case, where Latin unstressed syllable reduction and syncope were not at play—leading some to question the correctness of the etymologies. Parallel compounds with the same second element are Greek despótēs "master, lord" (going back to *dems-pot- "master of the house"; see despot), Sanskrit dámpatiḥ "householder, lord of the house," Avestan də̄ṇg paitiš; Sanskrit viśpátiḥ "chief of a settlement/tribe," Avestan vīspaitiš, Lithuanian viẽšpats "lord" (with outcomes of Indo-European *u̯iḱ-, *u̯oiḱ- "house, community"; see vicinity).
In housing terms, VPS hosting is like renting your own apartment in a larger building. You're much more isolated than in the roommate situation mentioned above; it's still possible that a neighboring apartment could causes annoyance for you, but far less likely. In web hosting terms, Site A's traffic surge won't have nearly as much impact on Site B or Site C. As you'd expect, VPS hosting costs more than shared hosting. You'll pay roughly $20 to $60 per month.