I've been enjoying listening to our living room / tv system comprised of Raspberry Pi 4 source, HDMI out to tv, tv optical digital out to a Nuforce DDA-120 integrated and a pair of Polk R300 speakers.
Playing Qobuz at 16/44.1 (limited by what the TV will pass thru), it sounds good enough to definitely hold my attention.
RPi 4 was about $100 (running Raspberry Pi OS and Qobuz in the Chromium browser), DDA-120 was I think $275 used, and Speakers were $100/pair on sale.