How Much Does an Electric Guitar Cost?

Thinking of adjusting the budget for a new electric guitar? You are in the right space.

Electric guitar prices vary, and it can be confusing to know how to determine your budget, and even get the best guitar for the money.

The price of an electric guitar does not always reflect the quality. Hence, it is essential to familiarize yourself with guitar costs and price determinants.

In this article, we have details on guitar prices for all levels of playing in-depth to help you choose the ideal electric guitar.

How Much Does an Electric Guitar Cost? (Short answer)

An electric guitar costs about $200 and a high-end electric guitar can cost upwards of $2000. Generally, electric guitar prices vary depending on the model, brand, and features.

How Much Do Popular Electric Guitars Cost?

Some of the most reliable and popular electric guitars are:

  • Fender
  • Ibanez
  • Epiphone
  • Yamaha
  • Squier
  • ESP

Below are the current prices of some of the electric guitars from the popular brands listed above and more:

  • Squier Bullet Stratocaster HT SSS Electric Guitar – $199-$250
  • Ibanez 6 String Solid-Body Electric Guitar- under $200
  • ESP LTD KH-602 Signature Series Kirk Hammett Electric Guitar- $1300-$1500
  • Fender Player Stratocaster HSS Electric Guitar- $800-$900
  • Yamaha Pacifica PAC112JL YNS Left-Handed Electric Guitar- below $300

How Much Is a Beginner Electric Guitar?

If you are looking for a beginner guitar, you should have a budget of $200-$600. For beginners, one can start with an inexpensive guitar. Most affordable electric guitars have the needed features for beginners. 

However, you should know the features to look for in a beginner guitar. In this case, seek advice from your guitar tutor, or experienced guitarists.

How Much Is an Intermediate Guitar?

Once you pass the beginner level of guitar playing, it is essential to upgrade your guitar. An electric guitar for intermediate costs from $400 to $900. You can opt for more expensive options, but for a good guitar, your budget should be from $400.

The reason why you need a more expensive guitar for intermediate is that your skill levels deserve high-quality sound and high-quality guitar materials. Also, intermediate guitar players are usually on the road to becoming pro guitarists, and they, therefore, need a high-quality guitar.

How Much Is a Pro Electric Guitar?

A professional electric guitar costs $1000. If you are playing guitar on a pro level, your guitar should be high-end and with the best features. Pro guitars are expensive because they possess the best features to help guitarists express their skills and play comfortably.

Professional guitarists do not have the luxury of changing their guitars frequently, this is why a high-quality, durable electric guitar is important. Also, professionals need a hardy guitar that can withstand the test of travel and live performances, as well as recordings in harsh temperatures. 

What Determines the Price Of an Electric Guitar?


Established and prestigious brands like Fender and Gibson have a higher price due to their reputation for quality. The best thing about buying from reputable brands is quality assurance.


Electric guitars feature different electronic components such as pickups, wiring, and others. These parts of the guitar affect the sound and playability. High-end components like humbucker pickups and active pickups drive up the price of the guitar but deliver great results when playing. For instance, humbucker pickups deliver a thick, warm sound, while suppressing external noises.


The quality and type of wood used for the body, neck, and fretboard, can significantly affect the cost of an electric guitar. High-end materials such as mahogany and rosewood are more expensive than light woods such as alder. Wood determines the sound, and durability of the guitar. The wood is also responsible for the look of the guitar as high-end wood is more elegant, and sophisticated.


The level of skill and attention to detail put into a guitar not only affects how the guitar looks but also how much it costs. Handcrafted guitars can be more expensive than mass-produced guitars as they look incredible and last longer. Some guitars are also hand-painted to deliver a unique luxurious look, making them more expensive.


Vintage electric guitars that are rare and of high-quality making are fairly expensive. Also, the latest electric guitar models can prove to be expensive compared to older models.


Is a $100 Guitar Worth Buying?

A beginner electric guitar that costs $100 can serve you well. Also, if you are buying a guitar for a 6-year-old, a $100 guitar is worth it.

Is It Worth Starting With a Cheap Guitar?

Starting with a cheap beginner guitar is not a bad idea. Most of the time, cheap guitars sound good and are comfortable enough for beginners.

Can a Cheap Electric Guitar Last Long?

With regular maintenance and proper storage, a cheap electric guitar can last for a longer time, sometime more than a decade.  

Frequently Asked Questions

What does a standard electric guitar typically cost?

As a seasoned guitar player and teacher, I can tell you that the cost of a standard electric guitar can vary greatly. Usually, it can range from as low as $200 to as high as $2000, but commonly, the price sits between $600 to $900. For instance, if you’re eyeing a high-end Epiphone or a Fender Player Stratocaster, expect to shell out around $650, and that price doesn’t factor in any modifications or additional parts upgrades. The cost range is broad – it really depends on the brand, quality, and aesthetics you prefer.

What is the recommended spend for a good quality electric guitar?

Based on my extensive experience with various makes and models of guitars, I would suggest that for a decent electric guitar, you should aim to spend between $200 to $400. Don’t drop below $200 if you want a guitar that will provide a decent sound and last. Meanwhile, for an acoustic or classical guitar, a good price point is set at $150 to $250. Although as mentioned earlier, the price range is quite vast, with electric guitars commonly getting priced from $600 up to $900. The $200 to $2000 range is usually reserved for the lower to higher-end models.

How much would it cost to purchase a professional-grade electric guitar?

If you aim for the professional level, be prepared for the corresponding price tag. Having played multiple pro-level guitars myself, I can assure you that these top-of-the-line instruments can cost anywhere from $1000 to $2500. The Gibson Les Paul and Fender Stratocaster Series, for example, are both favorites among professionals and often fall within this price range. Having the best quality instruments, like these guys, is part and parcel of why the world’s top guitar players are so good – if you want to play like the best, you’ll need the best tools.

What is the usual cost of a starter electric guitar?

As an instructor for beginner guitarists, I often get asked this question. Based on my years of experience, a good starter electric guitar will typically cost you around $199 to $399. For an intermediate-level guitar, the price can raise to $400-$799. But if you’re looking for a reliable instrument for professional recording and gigging, these usually start from $800 and can go up to $1,500, or even more. For top caliber, high-end equipment, prices begin at $1,500 and increase from there. I’ve seen these instruments in action, and their excellent quality and performance definitely reflect their price tag.


I'm Johnny, the guy behind Guitar Manifesto. I've been playing guitar since my teens and now that I'm in my 40s, I'm all about sharing what I've learned to help you become a better guitarist.

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