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elite gaming rule
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I'm serious. You won't have ray tracing shenanigans or whatnot, but you'll run everything 1080p at max settings smoothly. You just need to wait for components to be on sale (especially the gpu and the cpu). Like I said, it doesn't include peripherals. That's what I did, it totally can be done.
Since you're serious, I'd be very curious to see the part list for this if you have the time. I am quite aware of current prices and GPU prices are currently still rather bonkers, even with sales.
I've double checked and while I think it's still perfectly reasonable, it would be more something between $700 and $800. I've made two mistakes: I slightly overestimated the conversion rate from CAD to USD and I didn't factor in the fact that I didn't have to buy a pc case and a power supply.
Ryzen 5 ($140) on amazon
Radeon 6650xt ($229) on canadacomputers
Msi B550-A Pro ($111) on canadacomputers
T-Force Vulcan [8gb x 4] ($80) one pair on amazon another one on canadacomputers
I checked quickly and I was able to fit the rest (SSD, case, power supply) for something around $760ish.
The cpu and the gpu were bought during a Christmas sale and the rest was bought later. This was bought about two years ago (a bit after the time gpus were insanely overpriced).
I'm going to second this, with a couple asterisks. $800 for the computer is probably about where you get the most bang for your buck in terms of AA/AAA gaming, but you will still need peripherals - keyboard/mouse, speakers/headset, and a monitor, that can tack another $1-200 on the price (notwithstanding that even if the controllers come with the console, you still need a TV.) Logical Increments puts their "good" tier at about $761, suitable for 1080p 60FPS with medium settings.
Arguably the bigger value here is not being locked into a platform - if you find yourself with a little more budget down the road, you can piecemeal out your old PC with newer parts for a lower cost than a new console (with the possible exception of the GPU) and you can get more utility out of a PC than a console.