Eh I'm not sure I really do agree on the cost. Because like you need to add another $400 onto the ps5 cost for 5 years worth of online fees to pay miltiplayer (assuming they don't raise prices in 5 years, which they most definitely will) so now you're up about $1K USD or more. I just used 5 years of fees since i figured new consoles come out every 5ish years. Could even be longer. No one seems to factor this in when describing console prices. Rember, there are NO online fees with PC (unless it's a MMO with a subsciption fee or something but 99% games do not charge for online play.)
Also again, remember that a ps5 is a low-mid range PC. I think you can build a low-mid range PC for $1k or a bit higher, (crazy how expensive it is these days. $1k used to be a high end PC lol.)
Lastly, you'll need to buy another controller for ps5 probably. So that's another $50 or $60 or whatever the hell they cost these days. Maybe even a headset/microphone - not sure if those come with the ps5.
A comparable PC is probably still more expensive, but not really by that much....
Sure. It's probably like 20% cheaper with much less functionality, like none to little customization/modding, and gives an inferior HDR presentation. But it's cheaper yes. so your point is proven, but it's badly wounded.