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No, since AWS WAF is deployed in front of API gateway - you don't need to pay for API GW And Lambda for blocked resources (as they simply do not reach API GW and Lambda)
answered 2 years ago
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I would use the AWS Pricing Calculator to add all of the services in your architecture to get an estimate for monthly cost. https://calculator.aws/#/
answered 2 years ago
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As per below post, request first hits API gateway, then WAF is invoked if associated. https://aws.amazon.com/blogs/compute/troubleshooting-amazon-api-gateway-with-enhanced-observability-variables/