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How Much Does An Electric Guitar Cost? – Electric Guitar Pricing Guide (2022)

How Much Does An Electric Guitar Cost? – Price Of An Electric Guitar:

If you are going to buy a guitar and want to know the average price point of an electric guitar, then my simple breakdown would be:

  • Entry-Level Guitars: $120 – $200
  • Intermediate-level Guitars: $300 – $900
  • Advanced Guitars: $1000 – $1800
  • Professional Guitar: $2000 – $6000 and above

The price mentioned above ranges are the average cost estimation for an electric guitar, but if you want to know the specific price according to brands, then you will be amazed to know that an electric guitar’s price mainly differs for the guitar models and brands. This is so true. For example, if you want to buy your first guitar (as a beginner guitar player), you can choose any from popular guitar brands. For that reason, I first take the Gibson brand. You can buy a Gibson electric guitar, especially the SG Special, which will cost around $1599. If you have a higher budget, above $2000 to spend, you can go for Gibson’s SG Standard ’61 Maestro Vibrola for only $2399.

If I talk about the Fender brand, they have electric guitars of different models like Stratocaster, Telecaster, Jaguar, Jazzmaster, Lead, Duo-Sonic, and Mustang. If you are a fan of the Fender Stratocaster, you can buy a Bullet Stratocaster or a Mini Stratocaster model only for $179.99 from their official website. Professional guitarists love Telecaster so much. As an intermediate guitar, you can choose from the Telecaster model, and this model starts at only $849.99.

Okay, is it overwhelming to read a paragraph describing the pricing? I know it’s boring, right? I’m giving you a comprehensive list of brands and their electric guitar price, which will help you to find your favorite and budget-friendly right electric guitar easily. You can choose an expensive guitar or a cheap electric guitar from this list.

Electric Guitar Pricing – Top 10 Brands

  • Gibson – $1600 – $ 9999
  • Fender – $180 – $3500
  • Squier – $180 – $680
  • Ibanez- $350-$700
  • Rickenbaker – $2500 – $9600
  • PRS – $849 – $7050
  • Jackson – $280 – $4500
  • Gretsch – $549.99 – $849.99
  • Yamaha – $210 – $2100
  • Epiphone – $500 – $900

How Much Is A Beginner Electric Guitar?

Above I gave a list of the best guitar brands with their electric guitar price to help you to make an informed decision. As a beginner for your first electric guitar, you may want to invest a manageable amount of money. You can purchase an electric guitar within a $100 – $200 budget. But if you want, you can increase your budget to $500. Here is a list of beginner electric guitar from the top brands.

List of Entry-Level Electric Guitars:

  1. Fender Mini Stratocaster – $180
  2. Yamaha Pacifia 112V – $299.99
  3. Squier Classic Vibe Stratocaster 50’s – $357
  4. Epipone Leas Paul Studio – $499
Fender mini Stratocaster price
Yamaha Pacifia 112v Price

How Much Do Intermediate Electric Guitars Cost?

If you are an intermediate guitar player, buy something other than cheap guitars. Purchasing a second-hand guitar can be an affordable option, but I recommend purchasing something other than such. I tried to find the right electric guitar for intermediate players keeping in mind the budget factor. Here I’m giving you a short list of these guitars from different popular brands.

List of Intermediate Guitars:

  1. PRS SE Standard 24 – $649
  2. Fender Player Telecaster – $849
  3. ESP LTD EC-401 – $999
  4. Fender Player Stratocaster – $850
PRS SE Standard Electric Guitar Price
ESP LTD EC-401 Guitar Price

How Much Is A Professional Electric Guitar?

When you are trying to decide how much you should spend on a professional electric guitar

, there are a few essential factors that you should consider. The first thing to consider before purchasing a professional guitar

is the quality of the guitar. The tonewood, grade of the wood, pickups, hardware and components, tone knobs, volume knobs, interior wiring, sound quality, etc., are the most crucial factors to be taken into account when you are going to buy a professional guitar. 

The above factors I discussed shortly generally influence the pricing of a professional guitar. The more the quality, the more the price will be. Here I’m giving you a list of professional electric guitars with their current prices.

List of Professional Expensive Guitars:

  1. Fender American Original ’60s Stratocaster – $1639
  2. Gibson Les Paul Custom – $4999
  3. George Harrison Rosewood Telecaster – $2899
  4. Fender Final Fantasy XIV Stratocaster – $3499.99
Gibson Les Paul Custom Guitar Price
George Harrison Rosewood Telecaster Guitar Price

How Much Should You Spend on an Electric Guitar?

It’s important to remember that various aspects come into play when determining how much you should spend to purchase an electric guitar. If you are a beginner guitar player, it is good to go for a $200 – $400 guitar. For an intermediate level, you can choose from $300-$900. But if you want a proper suggestion, I can tell you to buy a guitar between $500-$700 because you will grow as a guitar player over time.

Here I’m giving you some ideas related to some of the most essential factors to consider before purchasing an electric guitar to get the best quality guitar within your budget.

First of all, the most crucial factor you need to consider is the quality of the instrument itself, like how well-made it is, what parts it has, and what features does it have? Then, you’ll also want to consider whether or not the instrument comes with any accessories like extra strings, picks, or gig bags. 

For something simple and affordable, brands like Fender, Epiphone, and Yamaha are great options. They’ll give you everything you need from an electric guitar without breaking the bank—and they’ll last for years! If you’re looking for something more high-end, then brands like Fender or Gibson will be worth considering. These companies make some of the best guitars, but they tend to be more expensive than other manufacturers.

5 Cheap Electric Guitar List:

Here is a list of the five cheap electric guitars:

  1. Squier Bullet Stratocaster – $135
  2. Squier Standard Stratocaster Electric Guitar – $149
  3. Squier Bullet Mustang HH Electric Guitar (Imperial Blue) – $179.99
  4. Fender Mini Stratocaster – $180
  5. Yamaha Pacifia 112V – $299.99

Should You Buy Used Electric Guitars?

You can purchase a used electric guitar if you have a budget problem. But before buying a used guitar, consider some crucial factors like price (this is the main thing that someone wants to buy a used guitar), upgrades, varieties (colour and models) etc. The lack of warranty is the main disadvantage or problem of buying an old one. You typically don’t get a warranty service if you purchase a used electric guitar from someone you know. If you find a new guitar that will cost you a few more dollars and provide you with all the facilities like upgrading, warranty and other things, I’ll tell you to go and get it without any confusion.


Deciding a budget to buy an electric guitar can be easy, but getting the best one at an affordable price with the most outstanding facility can take time and effort because you have to research information on the internet or in the market. I comprised this list with the price of the best electric guitars keeping in mind the Brand and level of playing criteria. This list will help you quickly prepare your budget and get your desired guitar. Share your thoughts after buying a guitar if you found this list helpful.