For a PC with Keyboard and mouse, I prefer a monitor.
But for a PS5 with a controller, yes. But not just a TV, the whole thing TV + sofa + ideally good speakers (personally I prefer 2.0 monitors to keep it simpler)
Some people use a console with a monitor, from a short distance. But I personally use it when I want to relax playing from the sofa on a big screen.
The only issue here is that my wife was the main TV user before I got the PS5, so now I need to add another TV in the bedroom or something.
If I tip I generally do it based on the work/effort rather than the price.