I think the Devoted Host Super shared package would meet your needs and is just $14.95/month and gives you a bit more space and bandwidth for your budget.

YOu get the following
12GB Space
120GB Bandwidth
cPanel
Unlimited Emails
Unlimited MySQL Databases
PHP/MySQL
And Much Much More

You can find more information by visiting our shared package comparison page at http://devotedhost.biz/index.php?s=shared&d=compare