Some of the most highly regarded ones like Benchmark for example cost $1000 or so.
I have an mhdt DAC that is very competitive I picked up for $300 used.
So what do you get for teh extra $$$s?
Good question.
I’ve heard very expensive DCS DACs used in 6 digit systems that were very good indeed but could not say they were really much if any better than the ones most people who care about good sound use. I do not feel I am missing much if anything of real value by not having one.
But like most boutique items its a value judgement and I'm sure some with the $$$s to spend will find their value in pricier DACs to go along with all the rest.
IS Donald Trumps DAC gold plated for example?