Wow, there's a lot of BS in this thread. The main reasons to use balanced are two:
- Eliminate ground loops
- Raise the signal level to improve SNR
That's why all pro setups use balanced interconnects exclusively.
Some amps have better signal balanced chains, so you can pick up a few more dB there as well.
In addition, SOME DACs have better signal quality (SINAD) from their balanced outputs than RCA, but not all. So check the measurements published here. There is zero reason to spend more than $1,000 on a DAC, many people here would say $100 is plenty. Check out the Topping D90 (DAC only) and DX7 Pro (DAC plus headphone amp) and you can have SOTA balanced out for $600 or less. There are audibly equivalent ones for under $300.
Net across the whole signal chain you might come out as much as 20 dB better. Is it audible? Hmmmm, can't say. But why not. (And don't spend for than $25 on any cable, BTW.)