If you're able to somehow scrounge up enough cash for an Xbox Series S (even second hand) picking this up with Gamepass would be a great deal. For Gamepass if you stack up 3 years of Xbox Live Gold, you can then convert it to Gamepass Ultimate for $1 more effectively netting you 3 years for $60/year. However you can play games on XB1 with XSX performance through game streaming which is pretty sweet if you really can't afford an XSS, but of course that comes with a bit of latency, inability to play local multiplayer, no quick resume, etc.

Switch has a great library, and the Switch Lite hardware itself feels great from the few times I've tried it, but personally without the ability to plug it into a TV makes it a difficult sell. 1st party Nintendo games also always remain expensive, with discounts at most 33% off the original retail price ($56 from $80 in Canada, $40 from $60 in US for example) which means the price could rack up quickly with more game purchases if price is a concern for you. Indie games and 3rd party games tend to have the potential to be cheaper though.