I don't remember - I was using a SUN Workstation with a 68020 in graduate school, and that was my rationale for taking out a loan and paying the big bucks when I went to my first job (still had some work to do to finish my dissertation, and needed something to use at home, that had LaTex, etc.):
Mac II + HD (3144) + RGB Monitor (599) + Video Card (299) + Video Card Expansion Kit (89) + S&H = 4350 (a student discount, so less than list)
I'm guessing that I was not blown away, having worked with the SUN Workstation, but it did work for me. (I did have to get it serviced immediately - bad keyboard).
It was also our main system until 1996, though I was getting pretty desperate by this point. We couldn't afford a new Apple system, going instead with a refurbished Power Computing system.
My Mac II was just recently resurrected after many years of not being used. I did have to replace the batteries, but have not recapped anything (living dangerously I guess).