This has cost me thousands and thousands of dollars.
My logic is that when I use a computer, it's the monitor that I'm looking at. I don't sit next to the case staring at RGB LEDs. I can't "experience" a processor in any aspect except speed, and that's been perfectly acceptable for a decade.
But I'll stare at the screen for 8 hours a day for work, and an additional few hours at home.
Spending money on improving the image quality of something I look at for 10+ hours a day is absolutely worthwhile!
This is also the advice I give people: Buy a bigger, better monitor than you planned, and make sacrifices elsewhere. A larger 4K monitor is a very visible upgrade in the literal sense versus, say, a few hundred more megahertz on the processor.