The problem is you have to get a good host for your vps, it's just like shared hosting.
Actually if you had a good host you could run that site on a shared server.
I would recommend a VPS in the 50 dollar range. If you need some advice on a few good ones send me a pm as I don't want to spam the forum.
I run two sites that size on a vps and the cpu usage is about .10-.25 at most times. It's all on the config a good host.
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