I have about 5 different sets (for all out dmg (270k dps) to all out ehp (3.5mil) and a lotta items to increase dmg or reducing costs).
I dont have 'top of the line insane crazy gear' because I choose that I want to have a lotta different builds instead of just one. I could of gone with 1 build and BIS items but I spend my billions on a lot of good gear and giving me a lot of options from TR to Cyclone strike to Palm to Thunderclap to Bells to any combination of them and high spirit regen (18/sec) to no regen.
If you just wanna go all out dmg and get a hard-on then you just go;
crit mempo / inna chest / TWH / crit-allres Lacuni / Inna pants / Nats boots / Crit-Nats ring / SOJ / Trifect gloves / Trifect amu / Vile ward / EF socket + crit or LS offhand / High DPS (base dmg - no AS) crit + LS sock mainhand
Of course stuff with allres, vit and max out dex.
But this build has limitations - like spirit regen... with just a SOJ it's only 1-2.33 on gear. You are basically dead in the water if you're out of spirit (pvp?)...
It's more about what you want, but the 'all out dmg' set is definitely the most expensive to get... and savest as well because in PVE (unless youre walways fooling around with !@#$ like me) you generally want to max out your dmg to kill stuff fast... you cannot really go wrong with it.
If you wanna see some examples; you can check out this guy to have an idea:http://eu.battle.net/d3/en/profile/INVIS-2291/hero/130395
I dont think that is within your budget tho (neither in mine) but that is an all out DPS monk who still have good EHP and runs MP10
As for PVP you definitely want DPS against Barb, but you need other stats against other players (SnB is good vs DH/Wizz/WD for instance)