If Mac Mini pricing had kept pace with inflation from the Intel days base price would be over a $1,000. Truth is Apple did an amazing job with Apple silicon to not just increase performance by light years over the Intel era, but to drive down pricing from $799 to $599 while doubling base memory capacity.
Unfortunately the 500% increase in memory prices this year has undone almost all that work temporarily. But once the Ai bubble bursts and the memory business goes back to glut, these prices will get slashed back to their generational lows they were at the start of the year.