I have no personal experience with it but take a look at this Lowes compressor
https://www.lowes.com/pd/Kobalt-QUI...tric-Vertical-Quiet-Air-Compressor/1000405189
This is the same type of pump California Air Tools uses on their quiet compressors (they have several different yet very similar pumps).
The advertised sound levels are very good and similar to the "2hp" CAT compressors.
A few other comments. Many say oiled compressors are quieter. Well that was generally true 20 years back but it's not inherently true. There is nothing that inherently makes an oiled pump quieter. I've had/worked with a number of oiled and oil free 120V compressors. The quietest by far is my CAT 1055A. Watch the videos on Youtube. It's no kidding that quiet. However, the "1hp" models have very low flow rate. I can use it with my impact wrench but it's too slow to use with my air cutoff wheel. But it's quiet, about the same as a typical washer dryer. Standing over the typical idling car is just as noisy.
My oiled, belt drive 120V Campbell Hausfeld compressor is reasonably quiet. It's not "quiet" but not unpleasant. The belt drive compressor has a slower turning pump with a larger piston and an air intake that helps reduce noise. The air filter housing is a type of muffler and it can really impact the level and quality of the noise.
Next louder would be my Emglo 4 gallon direct drive oiled compressor. It's a bit quieter than many oil free pancake compressors but not much. Finally, I've played with the Porter Cable $100 pancakes as well as the Husky 8 gal oil free hotdog compressors that are around $90 near Christmas. They are all about the same in terms of noise. Not identical but all loud.
The other concern with oil free compressors is they wear out. Yes, that I have seen. The piston, by design, rocks in the cylinder and a PTFE ring is used to seal things up. It wears over time and with use. If you use the thing a lot I bet it will be done in a summer. If, like me (currently), you only use the compressor a few times a month and rarely for extended periods, then it will last many years. Many of the complaints about oil free compressors are from people who use them heavily. They aren't up to that sort of use but that's OK if you aren't going to really use them heavily. Even a lot of the oiled compressors aren't designed for near constant running.
Anyway, I haven't personally used the Kobalt but it seems like a good balance between cost, noise, flow rate and tank size. If the reviews are strong I would suggest taking a serious look.