I usually use my audio technica AT4050. Its around that price. A very clear, reasonably level 'whats in the room is pretty much what you hear' type mic.
The SM7b is a very good option as well. Great for heavy vocals. I think Thriller was recorded with that as well.
To be honest though, getting a decent location in a room sorted for vocals is more important than the mic. Especially with a lot of LDCs, which tend to have less off axis rejection, and pick up more of the room. You can make a decent vocal track with a 58 if the sound is good at the source.
Also, in low-medium end mics, you tend to find that their EQ profiles lead them to be 'coloured', and its more of a question of matching the mic with the vocalist. Some add up well, some dont. When you get into higher end vocal mics and they more accurately represent the source sound, influence it less, then you can rely more on one size fits all mics, but they are very expensive (U87 is the classic example of this kind of mic) and the AT4050 is about the cheapest mic that falls into that kind I know of. Its great on guitars as well.