It really depends on the person. When you say PC for Gaming. I'm assuming you want the best machine possible.
Gaming computers are like custom cars. New hardware comes out every month and hardcore gamers gotta have em, so I find myself upgrading something new every couple of months. I spent well over 3000$ on my machine just on upgrades in the last 2 years, Originally i spent half of that to start off my build back when the 8800 series cards were the thing. I think the only thing I have left of my first build is the case. 3000$ isn't necessary for everyone, It's my hobby and I can afford it so why not...
I find myself spending 500$+ Bucks on video cards every 6 months to a year. Then a new processor with a new socket comes out, then that means I have to upgrade my Motherboard+Processor+Heatsink+RaM. You'll find yourself spending way more money on a gaming rig if you want the top of the line stuff over a console. Spend about 700$ on a gaming machine you can probably get ok graphics. Close to 2,000$ or slightly less will get you an excellent gaming build with way better graphics than consoles. So in answer to the question, it's by far more expensive to have a High end gaming build over a console, and just about the same if you don't care for the high end stuff, just enough to play the games on descent setting. PC gaming is more expensive if you chose the high end route, otherwise mediocre machine and consoles kinda even out. You spend 60$ on a console game or 30$ on a PC game. I have way more console titles than PC titles mainly because PC games that come out last longer because of online play yet i'm hardly on the console. Console games are shorter so you always end up buying a new game every couple of weeks. You can end up spending a hefty amount on console gaming as well. 60$ a game adds up. I have about 13 or 14 titles on the console. That's about 800$ add that to the 400$ i spent on the PS3 $1200, add a couple hundred more and you can build a gaming rig. So again, all depends on the user ;)
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