How to create an Elastic IP Address in AWS and assign to your EC2 instance | Associate Elastic IP address to EC2 instance

Elastic IP address is static IP address provided by AWS, you should avoid using public ip address as it changes every stop/start of EC2 instance.
How to create Elastic IP address:

Go to AWS console, Click on EC2, Elastic IPs.

Click on Allocate Elastic IP address

Now it should create Elastic IP address.

Click on Actions, Associate Elastic IP address and choose your instance from Instances textbox and pick up the Private ip address automatically.

That's it! Elastic IP(static) address have been assigned to your EC2 instance.