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Buy a used one.
that is a really bad purchase, you could have bought a modern flagship 8 core Ryzen and motherboard for that price which has well over 2x the processing power.
I hope it was not recently you dropped $945 on a 4 year old outdated motherboard/CPU/RAM.
With the advent of games that benefit significantly from higher cpu performance, the choice was upgrade just the cpu to an i7-4790k or buy new cpu/mobo/ram/windows. It was cheaper and less hassle to buy the 4790k or other i7-4. Now that they are scarce, they command a premium price.
The 4790k has a very high single-thread benchmark score of 2500 at stock speed. The i9-9900k scores 2900. 4790k's will still get 120+fps on many titles with a high-end gpu. So for 60-144Hz montors there is no need to upgrade for anyone who has one.
(The i7-9700k is essentially an i5 with 2 more cores. On the few cpu utilization benchmarks that I have seen that compare it to the i9-9900k the advantage of hyper-threading seems to be well worth the extra money. The i9 cruises at 30% load versus the i7 at 80%. Admittedly that could be due to the way the load measurement software works. In the commercial world, cpus are bought for headroom just as much as current performance. In four years time will the people who bought a 9700k be wishing they had bought a 9900k? Probably not.)
if you have good ddr3 and want to upgrade its he cheaper choice
4690k/4790k can oc to close to current gen cpu performance
A whole generation of PCs with i5 4670s are reaching the point where people want to upgrade. Because they're the last DDR3 generation, upgrading to a modern CPU would mean a CPU, Mother and RAM switch. RAM prices are through the roof, making that an extremely expensive upgrade. Especially with Intel Gen9 also costing a fortune, resulting from Intel's supply problems.
All of that leaves the 4790K as the best option for thousands of people. With it long since out of production supply is limited, but with high demand sellers can demand whatever price people will pay. That's already cracked $500 and will only go higher, until the market starts to fall off with people instead migrating to cost-effective platforms like AM4.
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For my two cents, you may as well sell your 4790K while it's still low-milage. If you bought it for $350 you can easily flip it for a major profit. Just act quickly, the market is probably nearing apogee and if wait too long it'll crash. You can buy yourself something nice with the proceeds, maybe a modern AM4/DDR4 combo.
Could have gotten a cheap i5-8400. That thing is amazing value.
i5 8400 isn't really cheap anymore. Remember that Intel is currently having shortage and it has greatly made the prices hike.
And even then, R5 2600 would stil be much better buy:
https://cpu.userbenchmark.com/Compare/Intel-Core-i5-8400-vs-AMD-Ryzen-5-2600/3939vs3955
Currently here in the EU the price on the 8400 has risen from 180 euro to 265 euro.
And that's in Germany. In Netherlands they are above 300€ and here in Finland prices are still fairly low, but estimated shipping times are more than 2 weeks.
The price has slightly dropped in the last couple of weeks.
But it's still nearly 100 euro more expensive then the Ryzen 5 2600 which is priced at 165.