Depends how you look at it.
Compare the price to a 4k or 5k IPS display (not some cheap crappy TN screen) that's 27 inches in size, and work out what the components inside an iMac would cost you to add to that price.
Then consider that it is a single "supported" device with a single source of support you can contact for any problems you may encounter. Oh and if you're comparing to a PC, be sure to get the non-crippled "PRO" version of Windows 10 to get feature parity (somewhat, you still can't disable a bunch of the malware in Windows 10) with OS X.
Yes, i wish the iMac spec was better too, but in terms of what you get for the money (when you actually compare like for like with a PC alternative, and don't leave out half the stuff you get with the Mac that you'd need to pay for on the PC side) they're actually pretty reasonable.
You can get a very very good 27" Dell 5K screen for a decent price. Yes if you build a PC with the latest quality parts then it too is not going to be dirt cheap either. What your post fails to address though is that the PC can be endlessly upgraded unlike the iMac.
Once you factor in the upgrade options the iMac becomes a much less attractive financial proposition.
Last edited: