It is. They previously got rid of the 256 GB, $599 configuration, and the cheapest option was the 512 GB, $799 config. Now they brought back the 256 GB base model but at $799, and the 512 GB model is $999.

I think they removed the "cheaper" configurations. In essence, the barrier to entry to mac mini was increased without actually changing the original price tag. I suspect the new mac mini (if one is coming) will sport a higher price tag.

Models with more ram have also increased in price around 20%. The M4 Pro base configuration went up $200. It’s just that nobody cares about Mac minis.

I think when they eventually announce the M5 Mac Mini (September?) it'll just be at a higher price.