The Best Budget Multimeters for 2024

Best Budget Multimeters - Top Picks, Reviews & Complete Buying Guide

Many people would wonder why they need a multimeter at their house at all, but those who work with electronics know how great tool this is.

In case you are among them, and you have to buy a new one, we suggest you to continue reading this article and find out all the information that you should have in mind prior to purchasing it.

Buying a multimeter is not an easy task and you will realize that once you enter the store and find that it is full of them.

Through this comprehensive guide, we wanted to highlight some of the things that you have to consider when choosing a multimeter and make your decision easier, especially if you are on the budget.

Spoiler Alert - Check out my top choice here >>

Top Rated Budget Multimeters

Model Rating Buy Now
Klein MM400 MultimeterKlein MM400 Multimeter
Check Price
AstroAI 759974998225 Budget MultimeterAstroAI 759974998225 Budget Multimeter
Check Price
Innova 3320 MultimeterInnova 3320 Multimeter
Check Price
Etekcity MSR-R500 Multi MeterEtekcity MSR-R500 Multi Meter
Check Price
Cen-Tech 69069Cen-Tech 69069
Check Price
* Ratings are based on Editor's own opinion.

5 Best Budget Multimeters Reviewed

#1. Klein MM400 Multimeter

Top Pick
Klein MM400 Multimeter
Check Price on Amazon

The best of the best is definitely the Klein MM400.

You should take it into consideration if you want a quality tool that would be budget friendly.

Its positive sides are that it can measure up to 600V of both AC and DC voltage, 10A AC and DC current, as well as 40 MΩ resistance.

Additionally, this tool can measure capacitance, temperature, frequency and this means that you can make use of it both in your household and for professional needs.

We tested its sturdiness and realized that even if it falls of about 1 meter it would not get damaged.

What users found as a disadvantage of this multimeter was its hold function, as the readings were not kept for long and this can be an issue if you do not have where to note your readings.

Check current price on Amazon >>


  • Sturdy
  • Readouts.
  • A light and a beeper for continuity tests.
  • A stand for a great viewing position
  • Slow-blow fuses for safety


  • Poor hold function
Check Price on Amazon

#2. AstroAI 759974998225 Budget Multimeter

AstroAI 759974998225 Budget Multimeter
Check Price on Amazon

Our runner-up is the AstroAI 759974998225, the multimeter which is not far behind our top pick when it comes to specs, but some electrical and automotive problems made it second best.

What users appreciate about this tool is its large and clear LCD display.

You will be able to store readings from your electrical measurements and it is safe to use it.

Actually, it can be said that the AstroAI 759974998225 is one of the safest tools in this regard.

Furthermore, the tool shuts off automatically when not in use, so the battery life is prolonged.

It is true that this model has amazing features that you would expect from a multimeter, but what users believe to be the drawback is that tool has an annoying beep sound that is set off by a button change.

Check current price on Amazon >>


  • Easily used
  • Protection from shock
  • Automatic shut off
  • Backlight


  • Loud beep
  • Loosely fitting outer rubber cover
  • Difficult to read
Check Price on Amazon

#3. Innova 3320 Multimeter

Innova 3320 Multimeter
Check Price on Amazon

One more budget-friendly multimeter is the Innova 3320.

We consider it the best value for money multimeter due to the fact that it boasts excellent functionalities combined with good quality.

The users claim that it is a safe product and that you can take your readings accurately.

The Innova 3320 has auto-ranging scale, meaning that this feature will eliminate the need for keying in the desired range when making measurements.

On the other hand, there are reasons why the Innova 3320 is not our top pick.

The main one is its poor outer body that is supposed to reduce the stability and durability of the multimeter.

Furthermore, it is not consistent with its readings and not accurate.

Check current price on Amazon >>


  • Large LCD
  • Hands-free testing
  • Safe


  • Poor quality outer covering
  • Unreliable
Check Price on Amazon

#4. Etekcity MSR-R500 Multi Meter

Etekcity MSR-R500 Multi Meter
Check Price on Amazon

Those who need a multimeter but cannot afford the more expensive ones should go for the Etekcity MSR-R500.

This model has some disadvantages, and be ready to struggle to make your readings as the backlight is not bright enough, but for the amount of money you pay you cannot expect more.

The Etekcity MSR-R500 is not accurate and you can get readings that are 2 – 3V higher than the actual value.

This is an important issue as it might affect how you troubleshoot problems with your electrical appliances.

Now, let’s mention some of its advantages.

It is quick to make readings, easy to use but this is not enough as a multimeter should be able to make accurate readings primarily.

Check current price on Amazon >>


  • Quick sampling speed
  • Easily used


  • Inaccurate 
  • Backlight
  • Breaks down
Check Price on Amazon

#5. Cen-Tech 69069

Cen-Tech 69069
Check Price on Amazon

The last one on our list is the Cen-Tech 69069, and it is rightfully there as there is nothing good about it except the price.

It is not an accurate tool, which will cause you make the wrong finding when troubleshooting issues with your electrical and automotive components.

What users also noticed is that this multimeter was unable to measure ohms, which can be limiting when your troubleshooting capabilities are in question.

Also, this multimeter comes with some of its parts not connected so the device cannot be used immediately after purchase.

If you need to do serious measurements this is the tool to be avoided.

Check current price on Amazon >>


  • Display


  • Unable to measure ohms
  • Faulty parts
  • Unreliable
  • Inaccurate
  • Poor quality
Check Price on Amazon

Budget Multimeters: The Ultimate Buying Guide

What we wanted to offer you are few things that you must consider when buying a multimeter other than its price and we will speak about it in this buyer’s guide.

We are aware of the fact that you are looking for a budget-friendly option, but the price should not be the only thing to consider when buying a multimeter as you would want to get value for your money and not get the tool which will not work properly or break after a while.


Which one is better: an analog or a digital multimeter?

Multimeters can be analog or digital and it cannot be determined which one is better or not.

Analog multimeters are more visible and give better readouts.

However, the values it measures keep fluctuating with changes in the input.

On the other hand, digital multimeters are more sensitive.

This means that they offer a higher input impedance and allow you to make a variety of measurements.

Which one to choose - auto-ranging or manual ranging?

The differences between the auto-ranging and manual ranging multimeters exist.

Auto ranging capabilities allow the tool to recognize what you are trying to test and you will not have to input the range, meaning that you would not need to know the value ranges of what you are testing.

On the other hand, a manual ranging multimeter requires that you know the range of values your measurement falls for you to get a reading.


What should I know about safety?

As the tool has to do with the circuits with high voltages, you must think about your safety primarily and get a multimeter that has been designed with safety in mind.

What you should look for are multimeters with internal blast shields, highly rated fuses and isolation slots to prevent arc over.

These features are designed so as to enable you to operate in a protected environment without risking your safety.


All in all, we believe that you gathered all the information you were searching for that that you have the idea which one to get.

We suggest once again that the Klein MM400 is the best as it is able to offer immense value for its price point.

If you think about the AstroAI 759974998225, its accurate readings are its best feature.

The value for the money pick is the Innova 3320 while the Cen-Tech 69069 is not something to be recommended.

We hope that we at least simplified the process of choosing the right model.

I hope you liked my article about Budget Multimeters, if so, please share or comment.

Leave a Comment

Get information about programs near you or online.