The first thing you need to know about price is it varies according to the features you are looking for an the brand you are considering. Some brands are more expensive than some other brands. But it does not mean that those brands that are more expensive are the best in the market. Every company has its own competitive advantage over others. Some are incurring lesser costs to manufacture. So, sometimes the high cost of a brand does not mean the brand is better. But the features of a multimeter can go a long way to determine its price. As is usually the case, the more the features the higher the price. So, put these things into consideration before buying a multimeter.
The price of multimeter range between $50 and $400, depending on the brand and features as mentioned before. Those that are not calibrated are less expensive than those that are kept at factory accuracy. If you want to buy a cheaper one that is not calibrated, you have to pay for calibration for at least once a year to keep it at an accurate performance.
You may not find a calibrated one that is sold below $100. Also, a handheld multimeter is another inexpensive option to consider if you are looking at the cost of multimeters.
There are lots of multimeter brands which makes it sometimes confusing to select the right one. However, look at the customer ratings and user feedback whenever you are shopping for a multimeter. This will help you select a device that does not only have reputation but has all round quality.
As mentioned earlier, the features of a multimeter determines the price tag it carries. You should check properly which device has to offer what you need before paying for it. Understand that digital multimeters tend to have more features and are more accurate than analogue ones. Some of the additional features you will find in digital multimeters include data acquisitions, removable data storage, auto ranging, db rating and adjustable sample rating. Other extra features include temperature measurement, auto continuity and transistor test.
There are lots of multimeter options available to you. You need to research properly before making that buying decision. With enough research you will be able to select the most ideal device that can help you troubleshoot your appliances effectively and accurately.