The entry level is €1,498.20$1,737.91 — and that is the price of one host of the PC-M64 class, not of a cluster. vSphere requires 2 hosts, because otherwise HA has nowhere to restart a failed guest. The smallest permitted cluster therefore costs €2,996.40$3,475.82 net per month, not yet including a datastore.
The licence costs €9.90$11.48 per core and month, with a minimum purchase of 16 cores per socket. On PC-M64 that is 48 cores and thus €475.20$551.23 per host and month. The minimum purchase does not apply to any approved class in today's catalogue — the smallest has 48 cores per socket. It is an assurance in case a smaller class is added, not a hidden surcharge.
Billing by cores means: consolidation saves nothing on the licence. 96 cores cost the same whether they are in one or two sockets. What differs is the operations — two hosts meet the minimum cluster size, one does not.
The licence share of the platform in the entry-level cluster is 32%. That is the figure that makes the difference to an open hypervisor — not the host price, which is the same in both cases.