What is the best budget multimeter on the market for laboratory, automotive, industrial or household? Here you will get the best budget multimeter for your accurate measurement with built in protection of digital meter. Multimeter is nowadays common electronic components in every home for measurement such as automotive, household if your car battery is not giving you proper service you can check with multimeter, you can check you are getting accurate voltage or not in your house.
Any electronic device like radio, TV, bench power supply, fridge etc. can be checked to look up which component is nor working then you can change those component to reinstate again the electronic device but you need the best multimeter which will give your accurate reading with durability.
Best budget multimeters comparison table
Image | Name | Detail |
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Etekcity MSR-R500 Digital Multimeter | |
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INNOVA 3320 Auto-Ranging Digital Multimeter | |
Fluke 87-V Digital Multimeter |

10 best budget multimeter of 2018 reviews:
10. LIUMY Auto-Ranging Multimeter
LIUMY is professional digital multimeter at cheap price. It offers many accessories including battery which are important. If you want get many accessories which you will need to buy you can get it free with this multimeter. It is a reliable and safe multimeter. It has clear LED display which can show AC/DC voltage or current, temperature, on-off test, capacitance, true RMS measurement and many. It can be said it is an ideal multimeter for laboratory, factory, radio enthuses, household etc.
It is built with high technology having high pressure alarm, overload protection, short circuit protection, auto power off, hold mode, auto ranging and more convention to use. If you buy the multimeter you will get pair of probes, banana plug, battery, user manual with the multimeter.
09. Neoteck Pocket Digital Multimeter
Neotech digital multimeter is advanced basic level multimeter. I suggest to buy beginner user or them who wants to invest a low amount money but want to get all the necessary features. Don’t go to the low price. It measures 2000µF capacitance and 2000KHz frequency which is not available on expensive multimeter.
Neotech gives accurate voltage, current, resistance measurement so no need to worry. It has auto polarity display. Its reading taking easy because it has a large backlit LCD display. When the multimeter goes in darker place it fixes light automatically as easily reading can be taken. It has a stand which can be seated 45 degree angle as readings can be taken hands free. It is designed to safety and accurate troubleshoot variety of automotive and household electrical. Nice protective orange shell with stand build that will help drop protection. This multimeter included 9V battery.
08. Digital Multimeter, TRMS 6000 Counts Auto Ranging

Our next product is TRMS 6000 Counts Auto Ranging multimeter. It is called a versatile multimeter. It has a great fame for multipurpose use. It is ideal for electricians, professionals and hobbyists. It is used household and industrial electrical troubleshooting. It is named 6000 counts true rms auto/manual ranging because it gives accurate 6000 counts true rms.
This multimeter measures current, voltage, frequency, resistance, capacitance, duty cycle temperature reading as well as infallible continuity, transistor and diode testing. You will get overload protection by this multimeter advanced thermal integrity and safety all ranging. Corner dropping safety for the multimeter. You can take reading in the dark or dim light situation for its clear big backlit LCD display. Most amazing feature of this multimeter you can store data readings and you can use in future which feature is not available in other multimeters.
07. INNOVA 3320 Auto-Ranging Digital Multimeter

Our number next product is INNOVA 3320 Auto ranging digital multimeter. INNOVA 3320 is one of the best multimeter at low price. It gives accurate reading with excellent efficiency. It has clear, large digit LED screen. So reading can be taken perfectly. Some multimeter has small screen and small digit display in the market. INNOVA 3320 is very high quality multimeter than other multimeter. It is not only cheap rate multimeter, it has gain faith to the people. INNOVA 3320 is one of the best selling multimeter in 2017.
It is a UL certified product which can be used in house safely without any problem. At the time of making electronic measurements auto ranging scales eliminates the need to dial in the correct range. It has two rubber corners guard which gives protection dropping. There is single setting resistance function for AC or DC voltage. Dimension of this multimeter is 2×5×10 inches. Its weight is 4.8 ounces. Small in size & weight so easy to carry.
06. INNOVA 3340 Automotive Digital Multimeter (10 MegOhm/UL)

Our product number 6 choice is INNOVA 3340 Automotive digital multimeter. This multimeter tests alternator diodes, breaker points, wiring, duty cycles, switches, solenoids and more. It is an UL certified product. This is professional automotive multimeter designed to help pinpoint the engine problem of car.
It has auto ranging function, auto shut off and it has over load protection so no worry for accident. For hand free protection INNOVA 3340 includes test lead holders. With the multimeter it offers a carrying case. You can measure temperature with this because it has temperature probe which is not available in other cheaper multimeter. You can measure up to 15A current by this instrument. INNOVA 3340 has inductive RPM clamp. It is light in weight only 1.1 pound. Dimension of this multimeter 12.5×4.5×6.5 inches.
If you are looking a high quality multimeter at low price then it is your pick.
05. Fluke 87-V Digital Multimeter
If you are looking for the best multimeter money is not factor then Fluke 87-V multimeter is the best pick up. Fluke is the leading brand in multimeter sector. Their finishing, design, life time, quality of material is the best from others definitely. It is a helpful multimeter for beginner also. The most amazing feature of this multimeter is it gives audible alarm sounds beep if wrong input jacks inserted. It has auto ranging flexibility if beginner user do wrong the multimeter corrects it automatically at correct form. You can also select auto to manual input.
Another best feature it measures 20A current up to 30 seconds which is exclusively different than other multimeter. Other multimeters cannot tolerate this high current but Fluke 87-V can. It has an analogue bar graph for observing fast changing graph or unstable signals. The technician’s first choice is Fluke 87-V. Fluke 87-V does not compromise with accuracy. It provides accurate readings.
If you are looking the best multimeter price no matter you need quality then this is the best pick for you. It is our fifth best choice.
04. Fluke 179/EDA2 6 Piece Industrial Electronics Multimeter Combo Kit
Some people always seek the best product of the market. In my opinion it is one of the best multimeter in the market now. It has latest and advanced technology. So the price is also more than other multimeter. It is also known as industrial electronics multimeter. It can be used for household or industry or laboratory anywhere you need.
It is a 6 piece industrial electronics multimeter combo kit. All the feature and important kit are including with this multimeter. It has the latest safety technology. Fluke 179 is true RMS multimeter with backlight. The most amazing features of this multimeter is 6 piece combo kit are durable carrying case, silicone test leads, electronic test probe with replacement tips, heavy duty hook clips, integrated temperature probe and the multimeter.
This product is my first choice. If you buy this multimeter I can ensure you will not search another multimeter because it has all you need in a packed. And one last thing good thing always takes more money.
Now it is your decision to make which one is perfect for you. Everything depends on your demand and budged so choose yourself.
03. Meterk Digital Multimeter Multi Tester Trms 6000 Counts Tester Non-Contact Voltage Detection
There is another our latest third position ranking digital Multimeter which has same configuration like as Tacklife DM07. Same featured products except two different companies by manufactured.
With an assurance of being bold you can use the digital multimeter without any risk of burning.
Meterk digital multimeter is one of quality brand that provides their customer one of best multimeter for household or electricians electric measurement.
The smart appearance and portable facility helps you to carry with anywhere. Besides the unit can count 6000
By auto dial ranging measurement the unit measures resistance, capacitance, diode, triode, temperature, frequency and more.
There is LCD screens to display all data with clear visibly counts and also can detects test probe. Also attach a bracket for support the multimeter.
No fear about burning from overload or short circuit because it’s free from all the failure problem one can face.
Very comfortable to use and made of quality materials, so you can go with it.
Highlighted Features
- Meterk Digital Multimeter with 6000counts
- Measures upto 1000V for AC
- Measures upto 750V for DC
- LCD screen with backlit and flashlight
- Stylish appearance and portable
- Accurate range dial
- Display resistance, capacitance
- Also shows triode, diode, live line
- Collects test probe
- Overload protection
- Anti-fall and anti-static
- Weight 1.21 pounds
02. Digital Multimeter, 6000 Counts Tacklife DM09 Auto-Ranging Digital Multimeter
Yes, you may be surprised after watching the features of it because the unit is one of the best digital Multimeter on the market for 2018. The product launched in the market in the end of 2017 and became winner product from starting for its great performance.
We ranked it second because only for its pricing cost is a little bit than our first ranking Etekcity MSR-R500. But we can assure you after owning the Multimeter you won’t regret using the device for your work. All the features are same except the detecting measurement is double from MSR R500 which is awesome.
With counting 6000 display one can easily measures voltage, resistance, capacitance, diode etc according to their works demand.
The unit is perfect for using in schools, laboratories, household, factories and comes with an easy manual so that anyone can work with it even students, beginners or professional without facing any problem.
The device has overload protection against electric shock or unintended use so do not worry about failing project just use it with confidence.
With a single power lead, you can test wire is working or not and to save energy it has auto on off mode.
Let’s take a look of key features.
Highlighted Features
- Tacklife DM07 digital Multimeter
- Measures upto 1000V for DC Voltage
- Measures upto 750V for AC Voltage
- Also accurate for resistance, capacitance
- Auto ranging system
- Large LCD backlight display
- NCV detects with density
- Beep continuously with test LED
- Included meter, battery, manual
- Weight 1.36 pounds
01. Etekcity MSR-R500 Digital Multimeters

Etekcity MSR-R500 Digital Multimeter is one of our top ranking product for your all kind of electric use for household or automotive. The reason behind it ranks first because the great quality and measurement capability which is also very reasonable you will find out on the market.
It is user friendly so that anyone can use it like as hobbyist, electricians, house man or even new beginner’s student for their assignment project.
With a clear accurate measuring the device provides you correct voltage, diode, resistance, current, continuity and more data by manual dial ranging.
To know your electric components working or not just simply activate the unit then watch how it detects by a continuity buzzer.
There is a low battery indicator to help you when it has no charge.
When you are doing something, do not worry about dropping or overload current because the Multimeter is built in overload protection.
Also a large LCD screen is included to show data clearly and you can hold your measurement to write down the data.
Actually a wonderful Multimeter for buying which comes with a lots of great manual and features.
Highlighted Features
- Etekcity MSR-R500 Digital Multimeters
- Measures upto 500V for AC
- For DC upto 500V
- Accurate measurement of voltage, resistance, current
- Large LCD screen to display data
- Protection from overload
- Speed per second 3 times
- Household electric problem solver
- Automotive problems safely recover
- For dropping rubber sleeve protection
- Use hand free built in
- Weight 7.2ounce, red
Important factors are before buying best budget multimeter
Multimeter is an essential for each house there is always some works needs to check up voltage, current, resistance or capacitance etc. measurement which can not be done without multimeter. In US most of the house have it for various purpose they also keep it on their car to check the car electric components are working or not. It’s a wrong idea that only students need it we always need to measure some components value to check it up where is the problem.
Suppose if your are on a RV trip there is a problem of electrical circuit then you need a digital multimeter to check it up, taking a multimeter is a wise idea with your RV or car.
You have to consider some factors before buying a multimeter
- Digital or Analogue
- Budget
- Functions
- Safety feature
- Accuracy
- Design
Digital or Analogue
Of course digital multimeter is recommended. The days of analogue multimeters are gone now. Digital multimeters will give you the exact value which is far more accurate than analogue multimeter. Maximum companies also stopped producing analogue multimeters. Another factor digital multimeters have upgraded features which is not included in analogue multimeter.
Budget
Budget is the most important factor before buying anything. Big budget always does not bring high quality. If you are conscious about market product and have information then you can get good quality product at low price. But some first class brand does not offer good quality product at low price. So at first fix your budget and look the products within the range.
Functions
The functions of multimeter also important issue before buying it. Keep it in mind which type function you need. Big clear digit screen, button, rotating switch, input jack, temperature measurement etc are the functions of multimeter. Fix it in your mind which is important to you.
Safety feature
There is a small sentence “safety first”. So before buying a multimeter you should consider safety first. Is your multimeter has overload protection, drop protection? If you input pin in wrong jacket does it alarm you? You must consider safety matter first. Our suggestion before buying any electrical or electronic devices such as function generator, LCR meter make sure it has safety feature.
Accuracy
Why you buy a multimeter? Answer is to get correct reading measurement. It is also first priority to get accurate value of measurement otherwise it is useless. If multimeter gives wrong measurement you can get in danger. So our first aim is to get perfect, accurate and excellent measurement. How can you get a accurate measurement multimeter? Read out full guide line I am sure you can decide after finishing the review of the products which is perfect for you.
Design
Design and size is also important matter before buying. If you want to use it everywhere then you need to buy light weight multimeter. If you have no problem with size and weight and you have the entire feature in a multimeter what you need then it’s ok. Some multimeter design has drop protection, some are easy to take in one hand etc. So consider which type design you prefer.