Budgeting for your workshop

Putting together a brand new workshop in your garage or basement can be a daunting task, especially when it comes to the money you will spend on all of the pieces of gear and tools you’re going to use for your projects. Whether you’re a woodworker or you’d like to try your luck at making handmade jewelry, the fact is that some tools can set you back a hefty sum.

Let’s look at some of the essential ones you’ll need in your workshop, and while we’re at it, we’ll also specify the prices of these pieces of equipment so that you know what to expect in the way of expenses.

Under $200

Any DIY-er worth his or her salt knows that a miter saw is one of the most useful tools ever to have been invented. Well, there are several budget-friendly choices available out there, but the fact is that the only one that might be able to meet at least part of your expectations is the Craftsman 1725CMSW. You’ll find that this model typically costs about seventy dollars.

A table saw from Ryobi will set you back about one hundred and thirty while the most basic drill press from Harbor Freight will cost you about one hundred and forty. The fact is that finding a good one is pretty complicated, and that’s because most compact drill presses can only be used for super-basic tasks. The Central Machinery 60237 comes with as many as twelve speeds and has the lowest one at 300 rpm and the highest one at 2,900 rpm.

Wrenches and basic screwdrivers will cost you about forty bucks. Rhino Rulers are available for as little money as fifteen dollars. A mobile workstation costs about $100 and a portable planer from Bosch about $120.

Under $600

If you’re not on a very tight budget and you are willing to make an investment to create your workshop as you really want it to be, these tools are for you. There’s a cordless jigsaw called Makita XVJ02Z that has users raving about its capabilities, and the best thing about it is that it can run pretty much forever. Given that it can be used for cutting composites, metal, as well as wood, it’s a pretty versatile 18-volt cordless jig saw. And it costs just under three hundred dollars.

A band saw from Jet will set you back about four hundred dollars while one from Craftsman might cost just two hundred and fifty. A Shop Fox jointer costs about $300, while for a Ridgid one, you might have to take about $550 out of your wallet.

Under $1000

You can get a DeWalt planer, the DW735, for about six hundred dollars, so that’s why we haven’t included this unit in the section above. A miter saw from Bosch, the GCM12SD will set you back approximately seven hundred dollars. So, just what are you prepared to invest in the tools you’ll have and use in your workshop?