David, read this before buying anything
Dust Collection Research - Home (billpentz.com).
You are starting down a rabbit hole, lots of different opinions and options out there.
Lot of discussions on here about dust collection.
I started in 1986 with my first dust collector, slowly added, modified, changed it, more changes to come as money allows. (most expensive way to do things)
I use a three-part attack, 1. the air filtration as already discussed, 2. dust collector which basically is a super dust deputy, pull thru filters, 2hp fan and a 3hp fan, 3. rigid shop vac with three different filters pulling thru a dust deputy hooked to a 2" pvc network that all handheld power tools hook to.
Buy the most that you can afford plus half again. Cheaper to buy once then to buy three, four, five times. also, better for your health and family's health to spend the money now. However, anything is better than nothing.
Have fun wood working.
Ron