Agreed. I got the Bayou Classic 44qt with basket for $100, and it's perfect for doing 5.5 gallon batches.
Here is the one I bought: https://www.amazon.com/dp/B000FTLY1K/ref=twister_B007QWO94S?th=1
The quality is pretty good. There is also a basket included and they have different sizes. If you are planning on doing all-grain or BIAB 5 gallons I recommend buying 44qt.