Two things.
1. You are going to have to pay some amount of money for any compressor capable of delivering diver grade breathable air. Even adapting something will require a filter stack and stainless hardware, and this stuff isn't all that cheap. So you have the min-max problem of shaving cost but not compromizing safety. Somewhere the two curves cross.
2. What about something like the Alkin W-31 compressor? 3.5 cfm, 4500 psi, Under $4000 complete, ready to go. These things are low rpm and very quiet (mine is set up INSIDE my house). I also have a Dewalt oil-less compressor to drive my booster, and it is WAY louder than the Alkin.
Again, to get a compressor that will reliably deliver diver-grade air, you are going to have to spend money. Something like the Alkin is quite inexpensive (for what you get, complete) and will deliver.
Cheers,
-S