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Game Consoles Are Pricing Themselves Out of Relevance
(www.gamespot.com)
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This. Everything's more expensive.
The nice thing about PCs, though, is you can use the same machine for gaming and productivity. You don't need to buy two different machines. If you have a PC, you can play games on it.
The best approach for most people right now is to play games on whatever they already have. If you already have a console, then you don't need to buy one. If you already have a PC, then you don't need a console. Play games on what you already have. PC gamers do have the advantage of new releases being available on computers built even two decades ago (if you ignore the more demanding releases), but there's plenty of games to play on all platforms.