The g*ming tech community sucks because of this. I used to keep up with all the info about the new hardware releases and such until a couple of years ago. And even then it was this bad. Generation after generation there was price hikes and little gain, yet everyone would swear that you had to have the top tier stuff.
I have a Ryzen 5 5600X and a RX 5700 XT and it honestly serves me well enough. The only exception is on UE5 games, but I'm not sure the issue is the engine itself or the fucked up deadlines developers have that makes it impossible to optimize it.
Honestly the only upgrades worth in my case would be a better GPU and more RAM. But hardware is very, very expensive here and I couldn't make full use of it with my current MOBO. And changing that would basically mean I have to change everything, so fuck that. I'll probably keep using this config for at least a few more years.