Is Xbox now the cheapest 4K ultra solution?

Wrong

3840x2160 is 8,294,400 pixels

4096x2160 is 8,847,360 pixels

1920x1080 is 2,073,600 pixels

4K via 3840, is 4x times the resolution of 1080p because the resolution is doubled both vertically and horizontally.

If OP is running on a native 4K display, he’s better off running at native 4k with lower graphics preset or any resolution that is between that and 1440p at any graphics settings than running at native 4K.