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315/75R16 tires are about 34.6" x 12.4" tires (The tires in my avatar are 35' x 12.5" ...the actual measured-size is right at 34"). I doubt you will find many 315/75R16's for less than $200...for whatever reason 16" tires are a little more expensive than their the same-sized 15" counterparts...

The General Grabber AT2's are nice tires. My dad had a set on his old Xterra and they rode nice and handled snow and the occasional trip offroad well. And they're cheap too. $132 ea. for 31x10.5 on Tirerack (cheapest All-terrain on there)... $168 for 33x12.5