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Best Multitool For The Money  
Everything You Need to Know to Get a Great Multitool at a Great Price
Top Five for the Money (Based on our Frugal5 Formula)
How do we pick these products? We spend many hours doing unbiased research to only give you the highest rated products at the best price. We first come up with a list of features, which you can see below, that we feel the majority of people will need. We then look for the highest quality products with these features and only show you the top five with the best value. Our mission is to provide you with the best five options based only on the facts. Don't see the product you were thinking about getting? Click here to calculate it's frugal score.
Leatherman 831426 WingmanGerber 31-000750 Bear Grylls CompactCRKT GuppieLeatherman 831207 Style CS Clip-OnGerber 01471 Suspension Butterfly Opening
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Product Rating
Average Price
Cheap ($26)
Cheap ($12)
Cheap ($23)
Cheap ($19)
Cheap ($25)
Frugal5 Score
Features Needed
Outward Opening Tools
Under 6 Inches Long
- 3.8 inches
- 2.5 inches closed
- 3.5 inches closed
- 2.9 inches closed
- 4 inches closed
Variety Of Tools
Features Not Needed
Belt Loop/Clip/Carrying Case
- Key loop
- Carabiner gate
- Carabiner gate
- Nylon sheath
Locking System
- Saf.T.Plus component locking system
Nail Nicks
- 25 year
- Lifetime
- 25 year
- Limited warranty
What You Need To Know In 5 Minutes

A multitool is a very convenient tool to own. They’re great to have around at all times because they’re awesome multi-taskers. They can be used for all kinds of tasks because they’re chock full of a wide variety of tools such as knives, saw blades, screwdrivers, and pliers. I find that they’re really popular with guys and girls that consider themselves handymen because again, they’re a great go to tool for all kinds of simple, around the home tasks.  

The thing that stinks about multitools is that people assume that since they come with so many different tools they’re automatically going to be expensive. I’d be lying if I said that I don’t think companies try and take advantage of this. A good multitool shouldn’t cost you an arm and a leg, and is definitely affordable if you want one but you’re on a budget.  

So, what are the things you need to keep in mind when looking to purchase a multitool? 


The hallmark of a good multitool is portability. They’re so convenient because they’re full of tools that you use on a regular basis, and they can always be carried around with you. So, you should always look for a multitool that is shorter than six inches. You want it to be able to fit in your pocket. Anything larger than six inches may be too big and awkward to fit comfortably in there.  

A variety of different tools  

You want to pick a multitool with several different tools. Some things commonly found on multitools are knives, saw blades, bottle openers, pliers, and screwdrivers. At the very least, you’re going to want at least one blade since it’s the item you’re more than likely going to use the most. 

Outward opening tools  

This means that the various components of the multitool can be opened and used while the overall tool itself is closed up. This is convenient because it means you don’t have to completely open the tool up every time you want to use it, which is good if you only want to use a screwdriver or something. 

As you can see, there are not a lot of things you need to keep in mind in terms of what you should have with a multitool. They’re simple. There are, however, several things you need to keep in mind in terms of things you don’t necessarily need, but are good to have as a bonus. 

Nail nicks  

Nail nicks are the little indentation that blades sometimes have that help you to pull it out. They’re useful because they make it easier open the blades in your tool, but you don’t need them and you definitely shouldn’t pay more for them. 

Belt loop/clip/carrying case  

Lots of multitools advertise the fact that they come with a handy belt clip or loop, or a nice case that conveniently allows you to hang your tool from your belt. Again, these are handy to have, but unnecessary. A good multitool should be small enough to fit in your pocket, so you don’t really need a clip to hold it in place on your belt. 

Locking system  

I’m not saying that a locking mechanism isn’t a good idea, but every knife or multitool I’ve ever come across is already built to stay in place and not accidentally come open when folded up. I have never had one accidentally open in my pocket and hurt me. So, I think that extra locks are nifty, but I don’t think you should have to pay extra for one. 


Warranties are great for giving you that extra piece of mind during purchase, but they’re just a nice bonus and aren’t necessary.  

Be sure to keep in mind what you will use your multitool most for when you buy it. If you don’t think you’ll ever use a pair of pliers, then don’t buy one where the main tool is a pair of pliers. If you foresee yourself using a multitool with screwdrivers a lot, make sure the one you buy comes with screwdriver attachments. 

Gerber, Leatherman, and Columbia River Knife & Tool all make great and affordable budget minded multitools. However, Gerber and Leatherman also make some very expensive tools. Keep the price in mind when you’re looking at these two brands, because sometimes they’re good for a budget and other times they’re not.  

Victorinox (the makers of the classic Swiss Army knife) and SOG should be avoided because they both can get pretty darn expensive and aren’t very budget friendly.

A good multitool is very accessible on a budget. Just go into your purchase educated, and you won’t get ripped off. 

Features You Need
Outward Opening Tools, Under 6 Inches Long, Variety Of Tools
Features You Don't Need
Belt Loop/Clip/Carrying Case, Locking System, Nail Nicks, Warranty
What You Should Pay
Between $12.31 - $26.29
Top Of The Line Price
Over $180.00