Is this lift kit compatible with my truck?

Before you go buying spacers and blocks, do a little research and determine what you want out of you truck. And certainly don't make a decision based on minimal feedback.

If leveling just do Bilies at 0.85" setting and call it done.

If wanting to go higher and maintain a factory ride, get spindles.

DO YOUR RESEARCH (not yelling, just emphasizing how important this is).

Best of luck

 

This is what I have personally with no complaints. A lot more than your budget, however they have essentially the same thing for 639 which is closer to your 500 budget, just doesn't come already assembled.

And as Mr Salty and I mentioned, look at spindles as well. Not sure what price range you'd be looking at there since I've never really looked into it since I'm 4wd.

There's a lot of info here, so do a little reading so you know for sure you're getting what you really want.