I'll maybe do some gaming on it, but mostly just 2 monitors with tons of internet tabs all over the place. Price is a big issue, where would you cut some fat from this?

Motherboard:

http://www.newegg.com/Product/Product.aspx?Item=N82E16813138352

CPU:

http://www.newegg.com/Product/Product.aspx?Item=N82E16819115078

Video:

http://www.newegg.com/Product/Product.aspx?Item=N82E16814102988

All the rest...

http://www.newegg.com/Product/Product.aspx?Item=N82E16820104173

http://www.newegg.com/Product/Product.aspx?Item=N82E16817371029

http://www.newegg.com/Product/Product.aspx?Item=N82E16822136697

http://www.newegg.com/Product/Product.aspx?Item=N82E16811129042

Unless you really need 500 gigs, get an ssd. http://www.newegg.com/Product/Product.aspx?SID=kLhMUsNEEeGhLObHJGciMA0&AID=10440897&PID=1225267&nm_mc=AFC-C8Junction&cm_mmc=AFC-C8Junction-_-cables-_-na-_-na&Item=N82E16820171567&Tpk=120gb%20sandisk%20extreme

Only slightly more expensive, or even a bit cheaper if you can do with 64gb.

Get this MOBO instead:
http://www.newegg.com/Product/Product.aspx?Item=N82E16813157303

It's a more budget-oriented chipset but it's also not a Biostar motherboard. Biostar is awful.

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If you plan on doing any actual gaming, get this video card instead:
http://www.newegg.com/Product/Product.aspx?Item=N82E16814127687

That's basically the bare minimum you'd want to do gaming.

If you AREN'T going to do any gaming, don't get a video card at all, save yourself some money, and get this CPU instead:
http://www.newegg.com/Product/Product.aspx?Item=N82E16819115090

It's only $5 more with the promo code, and has a 2x faster Intel HD inside.
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This RAM is cheaper and more reliable:
http://www.newegg.com/Product/Product.aspx?Item=N82E16820231428

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This will be the biggest increase in cost. Get a better PSU:
http://www.newegg.com/Product/Product.aspx?Item=N82E16817151074

Never, ever skimp on a PSU. If it dies, it can easily take the rest of your PC with it.

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If you do decide to go SSD, get this one, not the one Greenboy linked. It's better and more reliable:
http://www.newegg.com/Product/Product.aspx?Item=N82E16820148525

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The case is fine considering your budget.

I have had bad experiences with BioStar as well.

Even better SSD: http://www.newegg.com/Product/Product.aspx?Item=N82E16820147163

Samsung does all design and manufacturing in house and has a better reliability reputation than any other brand right now. For what it's worth, it's what Apple now uses in their Macbooks. That actually says a lot considering how paranoid Apple is about hardware quality -- they do not want subpar SSD failures tarnishing their brand name.

I like CoolMatty's suggestions, no point getting z77 when h77 will suffice.

When did HDDs get so expensive? It seems like a couple of years ago 2TB was only about 100$.

Taiwan floods last October(?). Wiped out a good portion of many HDD factories. They're only now starting to fall back down.