A 1x32 splitter costs somewhere between $20-70 (unless you pay exorbitant Corning prices).
32 core (well, 36 core) cables are cheap enough, but that's not what you need for a pure point to point network. Let's say you've got a local convergence point with 576 fibres facing the distribution network. With 1x32 splitters you need 18 feeder fibres. You can get a 24 core cable for $350/km.
Now, let's say you're building a fully point to point network. You now need a 576 core cable for your feeder in the access network. That's going to cost north of $6000/km (that's a wild guess -- sorry, I don't have accurate numbers for high count cables as I haven't bought any in the past few years).
If your access network is 10 km, that's the difference between $3,500 in cables vs $60,000 in cables. Plus you're adding a good $1,500-3,000/km in cost for larger splice closures and increased splicing labour.
Where it really hurts is when you start getting close to your Central Office (CO). With P2P networks, you need more larger cables in the first few kilometers closest to the CO, which is often the most congested part of a network. For brownfield builds, that might require directional boring to install new conduit in a town to bring the new cables into the CO. That can get really expensive.
Designing fibre networks is a game of whack-a-mole. Spending less on one component drives up costs on other components. Sure a P2P network means you can use cheaper SFPs, but the outside plant is more expensive. There's good reason that most carriers are building Passive Optical Networks -- P2P just isn't economically viable in all scenarios.