It's all relative pricing. If a person is willing to spend $1600 already... spending $1700 is like 6-7% more. But if you were spending $700 and now the 80 class gpu is around $1200, that's like 70% price increase.
PC Specs: CPU: 7800X3D || GPU: Strix 4090 || RAM: 32GB DDR5 6000 || Main SSD: WD 2TB SN850