SSD 1Tb Crucial BX500 - $70
WD Blue 1TB Desktop Hard Disk Drive - 5400 RPM SATA 6Gb/s 64MB Cache 3.5 Inch - WD10EZRZ - $50
I can't say what $20 is 'substantially cheaper'. Sure, if you need dozens of TBs...
And currently you have a big chance of getting an SMR HDD, which is... quite a gamble.