That price range will suit most players and many of these contemporary lower end guitars even have decent pickups with a sort of jack of all trades compromise, massive improvement over the low end pickups of the past. The next notch up in quality mostly is improved hardware and pickups tailored more to a style/sound, instruments for the performer who plays a lot and these instruments are generally a good value for those sorts. Above that it is questionable but there are some amazing instruments that justify their price, spending $2k on a guitar is not that expensive in the grand scheme if it is the right guitar for you and is the one which will be with you for life. We have a great range of instruments to pick from these days.