Cheapest But most reliable PSU that is 500w?

Solution
Depends on your location, and whether you're ok with rebates or not.

Ultimately, the best/most reliable 500W PSU is a tough one. 500W range is more like it.
The Seasonic S12II is $35 after rebate. An older platform, but a quality PSU
https://pcpartpicker.com/product/fZyFf7/seasonic-power-supply-s12ii520bronze

The 2017 revisions tto the Corsair CX lineup (CX450 and CX550) are $45 and $50 respectively:
https://pcpartpicker.com/product/Q7L7YJ/corsair-cx-2017-450w-80-bronze-certified-atx-power-supply-cp-9020120-na
https://pcpartpicker.com/product/FdRFf7/corsair-cx-2017-550w-80-bronze-certified-atx-power-supply-cp-9020121-na

The SeaSonic G550 is $49 after a $20 rebate - and one of the best cost : performance on a newer platform...
Depends on your location, and whether you're ok with rebates or not.

Ultimately, the best/most reliable 500W PSU is a tough one. 500W range is more like it.
The Seasonic S12II is $35 after rebate. An older platform, but a quality PSU
https://pcpartpicker.com/product/fZyFf7/seasonic-power-supply-s12ii520bronze

The 2017 revisions tto the Corsair CX lineup (CX450 and CX550) are $45 and $50 respectively:
https://pcpartpicker.com/product/Q7L7YJ/corsair-cx-2017-450w-80-bronze-certified-atx-power-supply-cp-9020120-na
https://pcpartpicker.com/product/FdRFf7/corsair-cx-2017-550w-80-bronze-certified-atx-power-supply-cp-9020121-na

The SeaSonic G550 is $49 after a $20 rebate - and one of the best cost : performance on a newer platform available today:
https://pcpartpicker.com/product/DPCwrH/seasonic-power-supply-ssr550rm

But, obviously, those are based on US pricing and YMMV if you're elsewhere
 
Solution