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Average Cost of a Guitar

Buying your first guitar is always exciting experience. There are thousands of choices to choose from – many of which are played by some of your favorite rock stars. Guitars can be very expensive however depending on the brand and type. Guitars can also be affordable however. In this guide we talk about the average price of guitars, both electric and acoustic.

Average Cost of an Electric Guitar: $901

The electric guitar is the first choice of heavy rockers and tend to be more expensive than their acoustic counter parts. We found the average price of an electric guitar to be $901 on, the US’ largest retailer for musical instruments. Electric guitars however are one of those products that have a wide range of prices meaning the average price may not be sufficient to give the whole story.  Electric guitars can range from as low as $200 to as high as $2,500 with numerous options in between.

A guitar is made up of several components which means the quality of each individual component can cause the total price to fluctuate dramatically between different guitars. As a good point of reference however, beginners should generally be able to find an electric guitar between $200 and $600, intermediate players should be spending about $700 to $1,000 on their guitar to scale up with their skills, and finally advanced players which can include touring musicians will generally opt for guitars over $1,000.

Cost of an Electric Guitar by Brand

The giants of electric guitar manufacturing are Gibson (of Les Paul fame) and Fender (of Stratocaster fame). They generally produce the best electric guitars and as such, tend to cost the most. In general, a Gibson Les Paul is going to run you at least $700 but upwards of $2,000 with all the best woods, harmonics and the other bells and whistles. A Fender Stratocaster you can find for $599 but also for over $2,000. PRS (Paul Reed Smith) is another popular guitar brand that tends to run more expensive as well. You can pick up a PRS guitar for about $700 up to over $2,000.

For those looking for something a bit cheaper, Gibson and Fender both have brands that cater to a more budget conscious crowd. Gibson’s child company, Epiphone, makes guitars that can be bought from between $150 and $500. Ibanez is also another budget brand, where you can usually pick up an electric guitar for between $150 and $300.

Average Cost of an Acoustic Guitar: $700

Acoustic guitars are about $200 cheaper on average than their electric counterparts. Again though, like electric guitars, there is a wide range of prices you will find. Beginners can buy “starter packs” which come with an amp and case for $150. You can even buy an acoustic guitar for as little as $50. For those more experienced and with more fine tuned ears, acoustic guitars are generally between $500 and $1,000.

Acoustic Guitar Cost by Brand:

The Fender and Gibson of acoustic guitars are Martin and Taylor. The highest quality and best sounding guitars are going to be from those two brands. The cheapest Taylor acoustics go for at least $500 while you can get some upwards of $4,000. Martin acoustics are about the same price as the Taylors.

For beginners or gift givers, a Rogue acoustic guitar is probably going to be your cheapest choice. Rogues can be bought for as little as $50 – though some go up to $150. Ibanez and Yamaha acoustic guitars are good middle grounds between Rogue and Martin/Taylor. Acoustics from those brands tend to go for $150 to $500. They give quality sound but at an affordable price for intermediate guitar players.

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