As far as DACs are concerned, you’d be surprised: A few hundred dollars (e.g. Topping D50) can get you drastically better performance than many multi-thousand dollar “audiophile DACs”:
https://www.audiosciencereview.com/forum/index.php?threads/m...
Now as far as speakers are concerned, yes, you’ll need to spend at least a few thousand for a stereo pair capable of doing justice to this level of precision and dynamic range.