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It's been a long time since Pi's were competitive on price.
You can get a used Lenovo Thinkcentre for $50 on eBay. A modern pi is going to cost you that much for just the board, then you still need to buy a case, power supply, SD card, and then figure out some solution for storage...
Is it fair to compare new to used though? Also how about power consumption, if it's on for 5 years each watt costs £13, so for something that will be on a long time power is actually quite an important consideration
as i see it you can get an n100 mini pc with a 6w tdp for as much as a 8-16gb rasberry pi 5 kit
Typically how close is the TDP of the CPU to the full system power draw? Can see a few refurbished on ebay that don't look too bad
looks like the total power draw of an n100 mini pc is 8-27 watts total, while the pi is 4-9 watts but it has a faster cpu, better video decode, vastly better gpu and better compatibility, being x86.
Ultimately the decision is up to you, but i think that outwheighs the higher power costs.