Yes, a 256GB NVMe drive costs around $100 currently (Fall 2018)
https://www.amazon.com/Samsung-970-EVO-250GB-MZ-V7E250BW/dp/B07BN5FJZQ
A 16GB Optane chip is significantly cheaper.
But...it is a significant difference in overall performance.
The Optane is siply a cache for the HDD. Whatever blocks (not files or applications) are used the most, end up in that 16GB cace space.
All else reads off the HDD at notmal slow HDD speeds.
For instance, going into a new game level. Read at standard HDD speed. Subsequent reads of those same blocks of data are read at the faster Optane speed. Until you go into a new level, which is again read at standard HDD speed.
The 256GB SSD is fast across the whole 256GB space. OS, applications, and a game or two will fit in that.
Solution?
Buy the laptop with only a 1TB HDD. Add your own 256GB NVMe drive later for $100.
That's what I would do.