Standard_E16bds_v5 is an Azure Database for PostgreSQL & MySQL size with 16 vCPUs, 128 GiB memory. In Central US it costs $2.304 per hour on demand ($1,681.92 per month) for PostgreSQL, Single server. It is sold in 2 regions; the cheapest is East US 2 at $2.00 per hour.
Prices by region
USD per hour, PostgreSQL, Single server. Reserved prices are no upfront, standard. Cheapest on-demand first.