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The end of this decade is marked by a paradigm shift of the industrial information technology towards a pay-per-use service business model known as cloud computing. Cloud data storage redefines the security issues targeted on customer's outsourced data (data that is not stored/retrieved from the costumers own servers). In this work we observed that, from a customer's point of view, relying upon a solo SP for his outsourced data is not very promising. In addition, providing better privacy as well as ensuring data availability, can be achieved by dividing the user's data block into data pieces and distributing them among the available SPs in such a way that no less than a threshold number of SPs can take part in successful retrieval of the whole data block. In this paper, we propose a secured cost-effective multi-cloud storage (SCMCS) model in cloud computing which holds an economical distribution of data among the available SPs in the market, to provide customers with data availability as well as secure storage. Our results show that, our proposed model provides a better decision for customers according to their available budgets.