Most excellent cartridge
I own so many rifles in this cartridge I can't even remember them all.
But one thing they have in common: ACCURACY
As for velocity, well, no, you won't be able to duplicate the ballistics of a 220 Swift, but for all practical hunting purposes, yes, it is a long-range cartridge.
I have shot small deer with it at distances exceeding 250 yards, with no holdover.
You can push a 230-grainer at 3,000fps, a 250-grainer at the better part of 2,900fps, a 270-grainer at a full 2,800; my favorite, though, remains the 300-grainer at 2,500.
Out to 250 yards or so it's a peach. If you want longer shots, you are probably hunting game that requires some other, more specialized cartridge. But for deer, elk, caribou, moose, bear and even sheep, I favor it over every other cartridge.
As for sub-$1,000, take a look at the Ruger #1, the Winchester Super Express, the CZ or the Savage. Stay away from Remington - it's too light and will kick the hell out of you. Practice (and the ability to practice a lot) is the key to knowing your rifle and cartridge's idiosyncrasies.
By the way, thank you for starting a thread about something different than an AR-15 clone, an SKS or a 10-22! Refreshing indeed.