If you want better speed, less downtime, go for Managed WordPreas Hosting. It may charge little higher, but worth for a single domain. It may not come with File Manager, email, etc like cPanel.
For low budget, and if you need all feature just as hosting with cPanel, webmail, etc. It will come with standard limit with so many things. Then go for linux shared hosting.
Both are package name. A web hosting can clarify better what exactly they are providing.