Terraform Remote State - S3

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We see how to save Terraform's state to a remote location. We use the S3 backend, and make sure to enable S3 bucket versioning.

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Hi all,
I have 4 envionmnets dev, testing, non prod and prod.
how to manage my state files using s3 and dynamodb?
do i need to create new s3 and dynamodb for every environment?
what are the charges for using dynamodb?

harishdevarapalli