The price of Microsoft OneDrive is reasonable and compatible with competitors.

We pay a lot for the Enterprise version, but it is a premium service.

OneDrive's price could always be cheaper, but I think it's fair. 

The licensing is expensive and on a yearly basis.

There is no licensing fee from my experience. There is a tutorial that guides you. Follow the steps that are provided and you will have no worries.

OneDrive is included with Microsoft 365 and it includes Word. So it is just the basic four programs in the Microsoft suite and then you also get OneDrive. It is just included as a part of the package that you get.  

This is a pricy solution, given that we are only using it at 50% capacity.

The solution can be a bit expensive.

Costwise, it is a great option. In most cases, it is a free space, which will be more than enough for most customers.