Before that think about Pros and Cons then you can measure if it worth or not.
Pro: It’s Affordable
Pro: It’s Manageable And Convenient
Pro: It Can Be Customized For Your Needs
Con: You Will Share Resources
While you are sharing costs with other sites, you’re also sharing resources, which means there’s less around for you to use. If the other sites on your server experience spikes in traffic you may experience inferior performance as the server comes under strain. It is more common for machines hosting many machines to fail than for virtual or dedicated private servers to go down.
Con: You May Be Exposed to Security Vulnerabilities
Other sites on your server could expose you to malicious scripts and pose security vulnerabilities. Even if your hosting company offers different security features, your risk profile increases when you are in close proximity to other sites. And, considering the rate at which cyber crime is increasing, a little caution is highly recommended when looking at shared options from a security point of view.
If you intend to scale your business significantly in the coming years or plan to follow an online marketing strategy a shared hosting solution may not last you very long. In many cases the cost of a private or virtual dedicated server is far outweighed by the accumulated cost of things going wrong.
So now evaluate your cost if its serving your purpose.