It really depends on how much you buy into the whole audiophile thing, and also how good your front end - i.e. the thing actually moving the air molecules towards you - is.
In terms of the thing actually acting as the source, with modern codecs (i.e. the audio chips built into laptops, tablets and phones in the last half decade), things are now good enough to replace the vast majority of audiophile playback solutions. And the differences expressed by most are, being brutally honest, largely self-delusion since they don't make a lot of sense with the level of equipment involved, environment and/or hearing ability. There *are* differences moving across the audio equipment spectrum, but the actual practical implications for general listening are in most cases too small to be worthwhile for all but critical broadcast / mastering use beyond a certain point - and that point is probably a couple of hundred dollars now.
My own expectations of my own high-end equipment are for them to act as the dudeniture that they are and also to be a 'I am getting the best out of this so I don't have to wonder if it gets better' quality control.
e.g. The reason I have the equivalent of a house in many places sunk into my main audio / home theater setup isn't for the ultimate in audio quality, it's the overall experience, and also the ability to indicate to people who visit and occasionally online "See this? This ain't no big thing".
And while I have M-Dacs and M-Dac+'s (For me, the M-Dacs represent the most I'm prepared to spend on "commodity listening hardware") hooked up to a lot of desktops of mine - at least those which don't have pro audio interfaces - it's more a 'I don't want variations in my sound when moving from machine to machine' than 'I want drastically better audio than what's built into my computers already', because unless you compare my crappest-for-audio desktops, most of them are going to have analog output quality to all practical intents and purposes identical to the M-Dacs, especially for casual listening.
In this hobby I think you tend to have three different groups, with two very aware of both the limitations of hearing and also the ability of current gear:
1. The "I spent everything I could afford on this and oh my god this is amazing I can hear what I couldn't regardless of the actual results" camp. This forms the bulk of audiophile communities.
2. The "I know audio gear plateaus in performance, my $100 source / speaker / headphone is the endgame" school of thought. Most of these guys are however are also in the "I can only comfortably spend a hundred on this" school of wallet.
3. The goatherder "I bought a Rossini stack because I can, and also just to make sure I'm not missing out on anything" school of thought.
And at the "I bought an M-DAC to get much better sound" spend level, I think you should probably have sunk it into headphones or speakers instead.