I don't think we have any basis yet to definitively say whether a fully developed J-XY would be of similar cost or cheaper than J-20.
This discussion has been had before in previous pages, and being powered by a single engine alone does not a more affordable aircraft make, especially in context of current and foreseeable future capacity of the Chinese aerospace industry.
The position I held, and I continue to hold, is that it is true in general principle that a single engine fighter of a given weight class would offer lower operating costs than a twin engine fighter of the same weight class, assuming we can hold all else equal.
But for the PLA, a "single engine medium weight 5th gen" versus a "twin engine medium weight 5th gen" is more complex than that, and not everything is held equal.
Things like development time, reduced costs in terms of commonality of systems and upgrades (given the PLAN will be procuring J-XY itself, and any "twin engine medium weight 5th gen" would be a land based derivative of J-XY), engine availability (how available would WS-15 be if it was asked to fulfill both J-20 production and a single engine medium weight 5th gen fighter), as well as distribution of aerospace resources.
This topic of "would a J-XY be a viable aircraft as a more affordable 5th generation aircraft relative to J-20" has been had before in some detail here in the past:
And yes, what you described -- a "worse" J-20, with commonality with the navy, and a larger production run, more maintainable stealth, more advanced production method -- sounds like a hell of an aircraft to me, especially as such an aircraft would not need the additional development time needed...
www.sinodefenceforum.com
If anyone wants to continue this particular strain of discussion, move it to that thread please