The magic of CDs was not headroom, it is NO NOISE, FOR LIFE! That was a dream come true.
That’s why so many of us got into CD’s big time. Me: over 4,000 of them. Happily I didn’t get rid of my LP’s, many people gave me their LPs when they stopped playing them.
I had excellent cartridges before CD, however I never properly cleaned my old LPs, and my alignment skills were basic, trusting inaccurate dials.
When I got back into LPs, I played only new or very clean used ones, and then I learned how to clean my dirty ones, what a difference.
I bought some inexpensive tools and improved my alignment skills. Not perfection, just to have the confidence that alignments and calibrations were done with tools of measured accuracy and simple but revealing methods.
Then I inherited 5,000 LPs, primarily Jazz, mostly played once, maybe twice.
That’s the key to enjoyment, minimum noise, hands on, ....
It’s the cartridge/stylus shape/cantilever material that makes the biggest audible difference, we diddle with better tonearms to improve the alignment. It’s the lack of arm height adjustment and lack of azimuth adjustment that defines a ’starter’ turntable for me, but you only go there AFTER you get hooked!
Your budget is too low to get a great adjustable tonearm, but it is enough to get a darn good sounding setup.

