So in the OP's example, the cost is $87,000 per petabyte-year of storage?
EDIT: I see mentioned in another post this a per-replica cost. So it would be roughly $87,000 times the number of replicas, ignoring the initial queries that inserted the data in the first place?
So unless you have some quantity discounts, that would seem to be the price for storing 1 PB , without any querying.