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I mean even at that price, you still need a mobo(100-150bucks), a CPU(200-250$), RAM(100-150$), a SSD(150$ for a nice big one) and a case(50-100$) to get a basic PC working, and you need peripherals if you haven't owned one before(like 200$ for a good keyboard and mouse but can go down to like 50$ for cheap stuff) and obviously either a monitor or a good TV but consoles need that too. So you're not really close to competing with the prices, you're still looking at like 3times the price of a console generally and while it'll be a lot better than a console in terms of power, it's not really worth it for the average user.
I'm 100% more likely to own a 3080 long before I own a PS5/XBox at the time consoles release because of the price. If you are just a console player sure you don't buy one, but if you game on a PC at all your money is better spent on the GPU and wait to buy the console when more and better games are released. The launch line up for both consoles is very weak so far.
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