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What are the cheapest domains?

What are the cheapest domains for registration and further renewal now? Are there any cons when using cheap domains?

Here is my site Read-Only: LINK
(how to share your site Read-Only link)

All depends on what the domain name will be, but generally less popular TLDs like .xyz or .shop are $5 or $6 cheaper per year. For the sake of saving $6 it’s better to go for a popular TLD like a .com or .co as it’s more trustworthy for potential visitors.

There aren’t cons to SEO, mainly just the trust factor.