Top 5 Best Cordless Drill Under $50 (2021 Guide)

Looking for the best cordless drill under $50.

Fantastic. You are in the right place!

In this ToolsGaloreHQ.com guide you will find: 

  • My overall #1 Pick
  • What makes a great cordless drill; 
  • What to avoid when purchasing;
  • And so much more!
Best Cordless Drill under $50
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BLACK+DECKER 20V MAX Cordless Drill (LDX120C)
  • 11 Position Clutch
  • Variable speed
  • Great for drilling into wood, metal and plastic
  • 11 Position Clutch
  • Variable speed
  • Great for drilling into wood, metal and plastic
View on Amazon
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GOXAWEE Electric Cordless Drill
  • 1 hour fast charging 1500 mAh battery
  • 18 adjustable position clutch
  • 30 N.m torque
  • 1 hour fast charging 1500 mAh battery
  • 18 adjustable position clutch
  • 30 N.m torque
View on Amazon
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DEKO 20V Brushless Cordless Drill
  • 18+1 postion clutch
  • 1.5 Ah Li-ion battery quick charge
  • 2 speed transmission
  • 18+1 postion clutch
  • 1.5 Ah Li-ion battery quick charge
  • 2 speed transmission
View on Amazon
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EnerTwist 20V Max Cordless Drill
  • Powerful drill 3/8'' chuck operated at 20V
  • 18+1 torque adjustment setting
  • Built in LED
  • Powerful drill 3/8'' chuck operated at 20V
  • 18+1 torque adjustment setting
  • Built in LED
View on Amazon
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GALAX PRO 20V Cordless Drill
  • 19+1 clutch control
  • 3/8'' keyless chuck
  • single speed drill
  • 19+1 clutch control
  • 3/8'' keyless chuck
  • single speed drill
View on Amazon

Overall #1 Rated Pick

Updated On October 8, 2021

Black and Decker

BLACK+DECKER 20V MAX Cordless Drill (LDX120C)

The Black and Decker 20V Cordless drill is in my opinion the best cordless drill under $50.

It is extremely powerful coming in at a wattage of 1500, with a voltage of 20V.

What I really liked about this specific cordless drill is that the battery is very long life and can hold a charge for up to 18 months, which is truly incredible.

Black and Decker are industry leaders when it comes to after sales support. They provide the owner with easy customer support, instruction manuals, repair services, part finder if required..

The 2 year limited warranty is also very good.

One thing I really like about this cordless drill is that it is ergonomically sized for all hand sizes. Making it a great drill to use for people with small hands men or women.

The only issue I have with this cordless drill is that it does not come with a carrying case. However with that being said it is still a super solid option overall.

The battery takes about 3 to 4 hours, and it can last for quite some time.

With a chuck size of 3/8 inches and 11 clutch settings you can use this cordless drill for drilling and screwdriving through wood, metal and plastic.

Another benefit of this drill is that it includes a drill driver, battery and charger and a double ended bit to get you started.

Overall, the Black and Decker cordless drill is the best cordless drill under $50.

Top 5 Best Cordless Drill Under $50 (Quick Summary)

In a rush, no problem. See below a list of the Best cordless drills under $50. For more detailed information on each please keep reading.

  1. BLACK+DECKER 20V MAX Cordless Drill (LDX120C)
  2. GOXAWEE Electric Cordless Drill 
  3. DEKO 20V Brushless Cordless Drill
  4. EnerTwist 20V Max Cordless Drill
  5. GALAX PRO 20V Cordless Drill

Why this guide for the best cordless drill under $50

A handy cordless drill is a definite must have in your tools arsenal.

This very versatile tool often allows you to run the tool at various torques with high level of precision. Making it super useful for everything from fastening screws to driving through wood or masonry at high torque.

However, as you are very well aware. A simple search for the best cordless drill under $50 can often leave one very confused.

Especially when searching for a budget tool, you never want to sacrifice on quality.

That is why I created this guide. I will combine my own personal experience with a wide range of research, product reviews and datasheet analyses to ensure that you do not have too.

I have spent hours making sure that the information in this guide is suitable and that you get to find the best cordless drill under $50 without having to do any of the heavy lifting yourself.

Also, I keep this guide periodically updated, to ensure that you are only getting the best.

General Electric


What Are The Important Features Of The Best Cordless Drill Under $50

When looking to purchase a cordless drill, especially a budget option under $50 dollars, there are a number of different parameters that are key to understand before you commit any of your money. I will describe these for you below

A look at the ergonomics

Most cordless drill manufacturers nowadays are really dialed in.

The tools look great, they fit into you hand seamlessly and they allow for great trigger control.

All the cordless drills in this guide are ergonomically designed so you do not need to worry. However if you decide to go on your own and try and purchase one from the market look for the 3 items listed below: 

  1. Light weight design and can be comfortably held in one hand.
  2. Easy trigger control, either using a single or two finger trigger mechanism; and lastly
  3. Make sure the battery pack fits seamlessly into the base of your cordless drill.

If you can cover you bases on these items, then rest assured you will have a great cordless drill under $50 that you will love.

Read More:>>> Learn how to sharpen your drill bits

Understanding the voltage rating

Typically on any cordless drill packaging, you will find a voltage rating. This rating is often in bold on the packaging and not hidden at all.

The reason manufacturers make this number clearly visible is because the voltage of your cordless drill is related to the rotational power (torque) that you will be able to get out of your machine.

Most cordless drills have voltage ratings of 12V, 18V or 20V. The higher the voltage the more powerful your cordless drill.

This is something to consider when making a purchase decision. For me I would recommend going for the highest torque as possible simply because this will give you more options on how you can use your tool.

You will not believe how many times people buy undersized tools thinking they will only ever use their cordless drill to fasten screws and then realize that in fact they need it for much more high torque applications such as drilling through wood or metal.

Also as I will explain next, most modern cordless drills have the ability to vary and limit the torque using a movable collar called a clutch control or slip clutch.

Clutch control or slip clutch 

This movable collar is the one that typically has many numbers on it. Now the purpose of this clutch control is that it acts as a limiter on torque.

So you might think why would anyone ever need that?

Well let me explain. Often when undertaking delicate jobs such as fastening screws you want your cordless drill to have the ability to stop precisely at a specific point.

This point is usually when the screw has been tightly fastened. The slip clutch/clutch control facilitates this, and basically prevents you from overdriving screws.

Interestingly this feature only exists on cordless drills. Typically you will not find it on corded drills.

Although it does take a bit of practice to fine tune it precisely.

Once you get it right it will save you so much time and will make your screwing jobs neater and more professional.

Without this feature – you will basically be camming out and overdriving, which makes it impossible to remove screws at times without causing damage to the surrounding screw area. 

View the video below to understand the importance of clutch control on your cordless drill. 

What to avoid when looking to buy the Best Cordless Drill Under $50

To make your buying experience even better I have created a list of a couple of things I believe you should look to avoid when purchasing a cordless drill under $50.

No interchangeable battery

This is often overlooked, but the battery is probably the most important piece of your cordless drill as it is the source of power.

Make sure that when you purchase a cordless drill that it comes with a very easily interchangeable battery, that you can just move out, charge and further replace.

Read More:>>> Find the best right angle drill for those tight spaces

Poor product information

This item is key, always make sure when purchasing a cordless drill  that the manufacturer gives you a user manual and a product list.

This should also typically include any warranty information with clear contact details of the relevant service and customer care departments in your area.

All the best cordless drills under $50 in this guide do take this into consideration, however this needs to be mentioned. Especially if you are going to be purchasing your cordless drill through other avenues.

Please do not ignore this.

I cannot tell you how often even seasoned DIYers overlook this, and when something goes wrong they inevitable are stranded with a tool they can no longer use effectively or interchange.

Deep Dive Review Of The 5 Best Cordless Drill Under $50

Option #1: BLACK+DECKER 20V MAX Cordless Drill (LDX120C)

Specification

Value

Voltage

20 V

Weight

3.4 pounds

Product Dimension

10.63 x 3.69 x 8.5 inches

Wattage

1500 W

Torque

115 inch pounds

Warranty Period

2 years

Pros

  • 11 position clutch
  • Sturdy lithium ion battery with long life
  • LED light
  • Great for drilling and screwdriving through wood, metal + plastic

Cons

  • It does not come with a carry on case

Option #2: GOXAWEE Electric Cordless Drill

Specification

Value

Voltage

12 V

Weight

5.1 pounds

Product Dimension

7.87 x 7.87 x 2.17 pounds

Wattage

18W

Torque

18 - 30 N.m (266 in-lbs)

Warranty Period

2 years

Pros

  • Comes with a lot of additional accessories
  • 2 x 12V 1500 mAh batteries
  • Highly accurate and adjustable control mode
  • 18+1 torque setting
  • Variable speed trigger
  • Forward and reverse button

Cons

  • Not great for larger projects as it can get quite hot in the hands for extended uses.

More information:

The GOXAWEE Electric Cordless Drill is a very interesting option, it is a unique option that is super for home improvement and DIY projects.

The cordless drill has all the features that you would expect of any cordless drill under $50 that would make the best list.

It has a keyless automatic chuck lock which has a maximum diameter of 10mm or 3/8’’. The GOXAWEE cordless drill also has 2 speed functionality with a low speed of between 0 – 350 RPM and high speed between 0 – 1350 RPM.

It is ergonomically designed, with a variable speed trigger and a forward/reverse button.

What I really like about this cordless drill under $50 is that it has an 18 position adjustable torque, with the option of setting it to drilling as well.

It also comes with 100 – 240 W wide voltage battery charger that can charge really fast in 1 hour.

One thing that I can say is a negative about this specific cordless drill is that it is not made for heavy duty jobs.

It can only really be used around the house, and when used for an extended period of time it can really get hot in the hands.

With that being said however it is still a fantastic tool. Probably the best thing for me is all the goodies that accompany this cordless drill under $50. These are:

  • A carrying case;
  • 2 x batteries;
  • 1 x battery charger;
  • A flexible 250mm extension with a ¼’’ hex shaft;
  • Fastening pieces (both screws and expansion screws);
  • 6mm diameter carbide drill bit;
  • 4mm, 5mm and 6mm High speed steel drill bit for metal;
  • 4mm, 5mm and 6mm brad point drill bit;
  • A group of 9 socket wrenches ranging from 5 – 13 mm;
  • 1/4’’ screw driver bits;
  • As well as connection points with a hex screw driver holder and a socket adapter.
With all the above, you will really have everything you need for almost any household drilling or fastening job. The GOXAWEE Electric Cordless Drill is definitely the best cordless drill under $50.

Option #3: DEKO 20V Brushless Cordless Drill

Specification

Value

Voltage

20 V

Weight

2.7 lbs

Product Dimension

8.23 x 7.91 x 3.19 inches

Speed

1700 RPM

Torque

42 N.m

Warranty Period

1 year

Pros

  • Forward and reverse control
  • 18+1 clutch control
  • Powerful brushless motor with 2 speed variable control
  • Chuck diameter of 10mm (3/8 inches)
  • Ergonomically designed weighing only 2.7lbs

Cons

  • It does not include the 13 piece accessories as advertised.

More information:

The DEKOPRO Cordless Drill is a real gem. It is an extremely versatile tool that is light weight and ergonomically designed.

It is fantastic for projects around the house and at the price it is really great value for money.

Technically, it has an 18+1 position clutch that is capable of delivering 371 in-lbs (42 N.m) at it’s peak torque rating. Making it very powerful for it’s size and weight.

It has your typical 2 speed transmission 0-450 RPM and 0-1700 RPM, which gives you the flexibility to choose different speeds for drilling and for screwdriving applications.

What I really like about this cordless drill is that it is capable of easily drilling into a wide range of materials, namely – wood, plastic, ceramic tiles and metals.

On the base of the cordless drill it has a LED light that illuminates dark spaces making it easy to work in tight areas as well.

One thing I did not like about DEKOPRO is that you cannot use batteries from other manufacturers such as Dewalt, Makita or Milwaukee. Also trying to find extra battery can be a bit of a mission.

However with that being said, this tool is a real gem, it’s solid and comes packed with many different components.

The DEKOPRO Cordless Drill is definitely one of the best cordless drills under $50 on the market due to it’s versatility, lightweight and power.

Option #4: EnerTwist 20V Max Cordless Drill

Specification

Value

Voltage

20 V

Weight

2.6 lbs

Product Dimension

7.48 x 2.76 x 7.87 inches

Speed

700 RPM

Torque

21 Nm (186 in-lbs)

Warranty Period

1 year

Pros

  • Forward and reverse control
  • Large 3/8’’ keyless chuck
  • Long-lasting 1.5 Ah battery
  • Magnetic bit holder
  • Ergonomically designed

Cons

  • It is a bit light on the torque and power

More information:

The EnerTwist 20V Max Cordless Drill is a great tool for small around the house jobs. It has all the features you would expect of a 20V tool.

It has your typical 18+1 torque adjustment control control, with a keyless chuck. It is built to deliver up to 21 Nm making it slightly light as compared to the other cordless drills in this guide.

One of the issues I have with this drill is exactly that, for it’s design it could have been made to produce slightly more power.

However, it is very ergonomically designed with a soft-grip handle and and built in LED lights. It also has a variable speed trigger making it great for tackling any DIY task.

The battery is a 1.5 Ah Lithium Ion battery that can take about 2 to 3 hours for a full charge.

An interesting feature is that this cordless drill also comes with a metal belt clip. This is great for anyone who will be working on the move.

Overall the EnerTwist 20V Max Cordless Drill makes the list due to it’s strong ergonomics, rugged design and great additional accessories. I would recommend that this cordless drill under $50 be used mainly for household use.

Option #5: GALAX PRO 20V Cordless Drill

Specification

Value

Voltage

20 V

Weight

2.5 lbs

Product Dimension

10.5 x 8 x 3 inches

Speed

600 RPM

Torque

20 N.m

Warranty Period

1 year

Pros

  • 3/8’’ keyless chuck
  • Large 19+1 clutch control/slip clutch
  • Ergonomic design with bright LED
  • 1.3 Ah battery and charger

Cons

  • It only has one speed and not your typical 2 speed control

More information:

The GALAX PRO 20V Cordless Drill is a great cordless drill addition to your arsenal.

It has large 19+1 clutch control with a 20 N.m maximum torque.

One thing to note, is that this drill only has one speed setting and not your typical 2 speed transmission you could find on other cordless drills in the under $50 range.

However with that being said it still packs a punch with a 20V battery that can provide 1.3 Ah.

It is very ergonomically designed and you can see that GALAX have taken the time to really polish this tool, it comes ready to use with a nylon polymer coated loop ad belt clip with some basic additional accessories.

If you are looking for a no hassle cordless drill under $50 great for the weekend warrior or DIYer this tool is great for you.  


Additional Tips When Using Your Cordless Drill Under $50

Here are some really cool extra tips that will really get the most out of you cordless drill under $50.

Punch a hole before you drill

Cordless drills nowadays are pretty powerful, but I would always recommend that before you drill into any material you create some sort of pilot hole. You can either use a punch or you can use sharp edge to create an initial dent.

With this in place, you can start you cordless drill and create super accurate holes, without having to worry about slippage due to the initial lack of friction between drill bit and material.

Relax and keep the force steady

The cordless drill is designed to bring the necessary torque into the wood or metal. Do not overly exert pressure as you are drilling. Let the drill do all the work.

I often see even experienced weekend warriors or woodworking professionals making this error. Steady force with the right torque always wins. You do not need to apply further force. It does not make the drilling go faster so relax and save you energy.

Remove the swarf

Swarf is just a really technical word for the debris that comes out of your hole, it was a term used back in the day and it has just stuck. As you know the flutes of your drill bit are expertly designed to remove debris from your drilling hole.

What can often happen however, especially if you are drilling into dense hardwood or softwood that has moisture, the swarf can often cling onto the bit and not detach itself.

This is a problem because it basically renders your drill bit as a huge cylinder incapable of removing debris and hence drilling further through material.

To remove swarf is not very complicated at all – just use your finger or fingernails when the bit is stationery and remove the clingy debris. Alternatively you can use a sharp ended piece of metal or a chisel.

Read More:>>> Learn how to drill into a brick with your new cordless drill

Ninja hack: Use tape on to avoid cracking

This last tip is a ninja hack, when you are drilling through softwood, what can often happen is that it will chip around the area in which you are applying force.

 This can often cause holes that look fairly untidy and if you were fastening a screw it can create points of weakness and potential failure.

To avoid this all you will need is to take a piece of tape, strap it onto the area of wood you wish to drill and then slowly drill your hole, upon completion remove the piece of tape and you will find a hole that is without and cracks or damage.

My Overall #1 Pick: BLACK+DECKER 20V MAX Cordless Drill (LDX120C)

Black and Decker Cordless Drill

All of the cordless drills in this guide are fantastic tools, they offer great versatility and are super value for money.

However for me the best of them all is the Black+Decker 20V Max Cordless Drill (LDX120C). 

It has a fantastic 2 year warranty, this combined with a powerful motor capable of generating 1500W makes this the overall top pick.

Check out the price on Amazon here.


Final Thoughts On The Best Cordless Drill Under $50

Hopefully after reading this guide you are much better equipped to find a budget cordless drill under $50. I made sure that simply because you want something cheap you should never ever sacrifice the overall quality.

Mogale Modisane

Mogale Modisane

Mogale is a qualified B(Eng): Electrical Engineer. With experience working on large-scale Solar, Wind, and Hybrid Projects. He has been exposed to multiple tools throughout his career and has a keen interest in breaking down the often murky world of power tools, machines, and measurement equipment making them more accessible and understandable to everyone.

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Mogale Modisane

Mogale Modisane

Mogale is a qualified B(Eng): Electrical Engineer. With experience working on large-scale Solar, Wind, and Hybrid Projects. He has been exposed to multiple tools throughout his career and has a keen interest in breaking down the often murky world of power tools, machines, and measurement equipment making them more accessible and understandable to everyone.

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