Again, we aren't talking about modding an old car. If you don't have basic tools at home then you're paying for other people to do the most simplest of things for you.
I think the biggest expense will be a decent monitor or the cpu. not sure what monitors are running nowadays.
I wouldn't account for a monitor in the budget unless you have to.
Do you already have one?
Do you have a TV with an HDMI input :wacko:?
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That's problematic. I'd pick up a monitor free or cheap on CL if you can manage it. A Windows license is going to gouge $100ish (unless you can get a deal) out of your budget as it is.