I've never felt compelled to pay a monthly fee for Office or cloud storage. I manage just fine with a perpetual licensed copy of office and physical drives (of which I have backups of important things; namely all the photos and videos I've ever taken, in multiple locations).
I do wonder if I'll ever feel the need to succumb and pay continually for these sorts of things. I sincerely hope not.
Nor me, even with all the years I was using Windows on my main computer. But I am sure businesses find a good reason to. The majority of home users would have little use even for Office to be honest, with so many free suites around that unless they really need 100% office compatibility will do for most home users.
If you want cloud storage then the MS prices are very good, for me in the U.K, if I wanted cloud storage, for £8.49 a month or less if I pay yearly, I would get 1TB of cloud storage and then the use of all the MS Office apps locally. Dropbox is £9.99, less if billed yearly for 2TB of storage and that is it, nothing else.
Google is £8 for 2TB and yes you can use the online stuff, like Google Docs, but you can do that for free anyway.
So yes, MS online stuff is pretty good value of money, if you are going to use it,
Myself, like you I have no need for it, on my PC, I use LibreOffice, not that I use the PC that often these days, on my Mac, Apple Pages and numbers do what I need and for desktop publishing I use Affinity publisher, but then MS have done away with their publishing software. Storage I have my nas and I save anything important onto external drives or even, yes I know it is old, but it is secure, Blueray disks