In brief, Aruba Central is the way forward as more services are moving to the cloud. If you already have an existing deployment based on Airwave/MM and it is meeting your requirements, there is no need to migrate it to Central now. However, you should seriously consider Aruba Central for new projects or refreshing existing setups. Aruba Central offers several key benefits as explained here https://www.arubanetworks.com/assets/ds/DS_ArubaCentral.pdf
I think you should specify your business and technical requirements first, before choosing the solution. Don't focus on which is cheaper but think about your requirements first and what pain points should be addressed. Some points to consider are:
1) How big is your network? Think about the scale of your network and how it can grow..
2) How big is the team managing the network? How often do you deploy new sites? Do you have engineers/technicians in the new sites?
3) Are you considering SD-WAN solution now? In future? How are you inter-connecting the different sites?
4) What is the technical "skill-set" of the engineers managing the network? Do you prefer to have a unified management platform for WLAN, LAN, VPN and SD-WAN?
5) What is the timeline for this project? It is true that AOS-CX switches are not supported today in Central but they will be supported soon. Also cheaper AOS-CX will be available.
6) How important are APIs in your environment?
7) Think about subscription vs perpetual licenses..
Think about integrating with your private services running in AWS/Amazon/GCP (if any)
Luckily, you have investment protection with Aruba Hardware and you can move between on-prem management or cloud management as needed.
Ayman