Best Drill Presses for the Money: Precision on a Budget 2024


Looking for the Best Drill Presses for the Money? Our 2024 guide has you covered with budget-friendly picks that don’t skimp on precision. Discover the ideal match for your projects and get top-quality results without breaking the bank. Suitable for both professional and amateur craftspeople, whether in woodworking, metalworking, or undertaking general DIY projects, the quest for the best drill press that offers value for money is paramount.

Best Drill Presses for the Money

I’m thrilled to present an in-depth analysis of the top 6 drill presses for 2024, ranging from affordable choices to premium models. This selection is designed to cater to diverse needs and budgets, ensuring you can find the ideal drill press to enhance your workshop’s capabilities.

List Best Drill Presses for the Money In 2024:

Comparison Table By Each Model

Here’s a concise comparison table for the drill presses mentioned:

AspectsWEN 4208SKIL 3320-01DEWALT DWE1622KJet JDP-17Delta 18-900LCraftsman 10 in
Size8 in.10 in.17 in.18 in.10 in.
Power3.2 Amp3/4 hp
Speed Settings5-SpeedVariable2-SpeedVariableVariableVariable
Special FeaturesCompact, budget-friendlyLaser X2 2-beam, depth adjustmentMagnetic base, portableSpacious worktable, LED lightAuto-tensioning belt, Laser, LED lightSturdy, tilting table
Best ForBeginners, small workshopsPrecision work, variety of materialsHeavy-duty metal workWoodworking, metalworkingPrecision, advanced featuresVersatile projects
Price CategoryBudgetBudgetPremiumMid-range to PremiumHigh-endModerate

This table provides a quick overview, highlighting key features and suitability for each drill press, allowing for an easy comparison to find the right tool for your needs.

1. WEN 4208 8 in. 5-Speed Drill Press

Technical Specifications

  • Brand: WEN
  • Model Number: 4208
  • Power Source: AC
  • Voltage: 120 Volts
  • Amperage: 2.3 Amps
  • Maximum Power: 0.33 Horsepower
  • Maximum Rotational Speed: 3140 RPM
  • Number of Speeds: 5
  • Maximum Chuck Size: 16 Millimeters
  • Product Dimensions: 6″L x 1″W x 2″H
  • Item Weight: 31 Pounds
  • Special Features: Portable
  • Pattern: Drill Press

The WEN 4208 8-inch 5-Speed Drill Press stands out for its commendable performance accuracy and power efficiency, making it a valuable addition to any workshop. Engineered to tackle a variety of materials, this compact yet powerful machine offers five distinct speed settings ranging from 740 to 3140 RPM, allowing users to precisely match the speed to the task at hand for optimal drilling results.

Its robust 1/3 HP induction motor ensures consistent power, minimizing energy wastage while maximizing drilling efficiency.

A WEN drill press in use on a plywood workbench, with tools and a TV in the background

The drill’s construction and design promote accuracy in drilling, with a precise depth adjustment system and a sturdy base that reduces vibration, thereby enhancing the precision of each drill operation. This combination of features ensures that the WEN 4208 not only conserves energy but also provides users with the reliability and precision needed for detailed and demanding projects.

Things I liked About This Product:

  • Versatile Speeds: Offers five speeds from 740 to 3140 RPM, enabling customization for various materials.
  • Compact and Sturdy: Its small footprint suits limited spaces, while the durable build ensures long-term stability.
  • User-Friendly Precision: Features an adjustable depth stop for accurate drilling, making it straightforward for all skill levels.

2. SKIL DP9505-00 6.2 Amp 10 In. 5-Speed Benchtop Drill Press

Technical Specifications

  • Brand: Skil
  • Model Number: DP9505-00
  • Product Style: Drill Press
  • Power Source: Corded Electric
  • Voltage: 120 Volts
  • Amperage: 6.2 Amps
  • Maximum Rotational Speed: 2800 RPM
  • Number of Speeds: 5
  • Maximum Chuck Size: 0.5 Inches
  • Product Dimensions: 24.02″L x 15.16″W x 12.4″H
  • Item Weight: 46.65 Pounds
  • Material: Blend
  • Special Features: Variable Speed
  • Size: One Size

The SKIL DP9505-00 6.2 Amp 10-inch 5-Speed Benchtop Drill Press is engineered for precise and efficient performance, ideal for a variety of drilling tasks. With its powerful 6.2 Amp motor and variable speed settings ranging up to 2800 RPM, this drill press provides the versatility needed to handle different materials with accuracy.

SKIL drill press with chuck and bit on a steel workbench, miter saw in the background

The machine’s 5-speed gearbox allows users to select the optimal speed for each task, ensuring clean and precise holes while maximizing power efficiency. Its robust design and reliable performance make it a standout choice for both DIY enthusiasts and professionals looking for a blend of accuracy and efficiency in their workshop tools.

Things I liked About This Product:

  • Powerful Motor: The 6.2 Amp motor offers robust performance for various materials.
  • Variable Speeds: Five speed settings up to 2800 RPM for optimal drilling control.
  • Precision: Delivers accurate and clean drilling results, enhancing project quality.

3. DEWALT DWE1622K 2-Speed Magnetic Drill Press

Technical Specifications

  • Brand: DEWALT
  • Model Number: DWE1622K
  • Style: Drill Press
  • Power Source: Corded Electric
  • Voltage: 240 Volts
  • Amperage: 10 Amps
  • Maximum Power: 300 Watts
  • Maximum Rotational Speed: 450 RPM
  • Number of Speeds: 2 (Special Feature: 2-speed)
  • Maximum Chuck Size: 13 Millimeters
  • Product Dimensions: 22.44″L x 6.5″W x 19.29″H
  • Item Weight: 33 Pounds

The DEWALT DWE1622K 2-Speed Magnetic Drill Press is a powerhouse in terms of precision and energy efficiency, designed to meet the demanding needs of professional environments. Equipped with a 10 Amp motor and offering a maximum rotational speed of 450 RPM, this drill press ensures high-performance drilling with remarkable accuracy, thanks to its 2-speed settings that allow for optimal control over a variety of metal types and thicknesses.

Close-up of a gloved hand adjusting the controls on a DEWALT drill press in an industrial setting

Its magnetic base enhances stability and precision on ferrous surfaces, further contributing to its efficiency by minimizing slippage and misalignment. With a focus on both power and precision, the DWE1622K stands out for its ability to deliver clean, precise holes with reduced energy consumption, making it an ideal choice for professionals seeking reliable and efficient drilling solutions.

Things I liked About This Product:

  • High Torque Motor: The 10 Amp motor provides powerful and efficient drilling.
  • Magnetic Base: Ensures stability and precision on metal surfaces.
  • Two-Speed Settings: Offers flexibility for drilling through various materials.

4. Jet JDP-17 3/4 hp Drill Press

Technical Specifications

  • Brand: Jet
  • Model Number: JDP-17
  • Power Source: Corded Electric
  • Voltage: 115 Volts
  • Amperage: 9 Amps
  • Horsepower: 0.75
  • Maximum Rotational Speed: 3500 RPM
  • Number of Speeds: 16
  • Maximum Chuck Size: 13 Millimeters
  • Product Dimensions: 56″L x 23.5″W x 15.5″H
  • Item Weight: 187 Pounds
  • Material: Cast Iron, Steel
  • Thickness: 1 Inches
  • Special Features: LED Work Light, Xacta-X Laser System

The Jet JDP-17 Drill Press, with its 3/4 horsepower motor, excels in both performance accuracy and power efficiency. Engineered for precision, it features a robust 16-speed control that ranges up to 3500 RPM, allowing for meticulous adjustments to suit various drilling needs across materials.

Person using a drill press to bore into a wooden plank in a workshop

The integration of the Xacta-X Laser System enhances drilling accuracy by providing a clear guide for bit placement, while the LED work light ensures visibility in all working conditions. Crafted from durable cast iron and steel, and equipped with a sizable 13mm chuck, this drill press is designed to handle demanding tasks with ease, all while maintaining energy efficiency.

The Jet JDP-17 stands out as a top choice for professionals and enthusiasts seeking a reliable tool that combines precision engineering with sustainable operation.

Things I liked About This Product:

  • High-Speed Range: Offers up to 3500 RPM with 16 adjustable speeds for versatility.
  • Xacta-X Laser System: Enhances precision with accurate drilling alignment.
  • Built-in LED Light: Improves visibility, ensuring detailed and precise work.

5. Delta 18-900L 18-Inch Laser Drill Press

Technical Specifications

  • Brand: Delta
  • Model Number: 18-900L
  • Voltage: 120 Volts
  • Product Dimensions: 3.75″L x 0.75″W x 3.75″H
  • Maximum Speed: 4500 RPM
  • Item Weight: 261 Pounds
  • Battery Cell Type: Lithium Ion

The Delta 18-900L 18-Inch Laser Drill Press sets a high standard for performance accuracy and power efficiency in its class. Featuring a robust 120-volt motor that reaches up to 4500 RPM, this machine is designed to tackle a wide range of drilling tasks with ease and precision.

Close-up of hands operating a drill press with a large drill bit into wood

Its standout feature, the integrated laser system, provides unmatched accuracy by clearly marking the drill point, thereby reducing errors and enhancing the quality of work. The 18-900L is also engineered for efficiency, utilizing advanced power management to ensure that energy consumption is kept to a minimum while maintaining high performance.

This combination of precise laser-guided drilling and energy-efficient operation makes the Delta 18-900L an ideal choice for professionals and serious hobbyists who demand the best in accuracy and sustainability from their equipment.

Things I liked About This Product:

  • Integrated Laser System: Enhances drilling accuracy with precise point marking.
  • High RPM Capability: Reaches up to 4500 RPM for efficient and versatile drilling.
  • Robust Construction: Offers durability and stability for long-term use.

6. BUCKTOOL 10-Inch Drill Press 6.0 Amp 3/4 HP Bench Drill Press

Technical Specifications

  • Brand: Bucktool
  • Model Number: DP25016A2
  • Size: 10 inch
  • Power Source: Corded Electric
  • Voltage: 120 Volts
  • Amperage: 6 Amps
  • Maximum Rotational Speed: 3100 RPM
  • Maximum Chuck Size: 0.5 Inches
  • Material: Metal
  • Special Features: Variable Speed
  • Item Weight: 55.3 pounds
  • Package Dimensions: 25 x 16 x 12 inches
  • Handle/Lever Placement: Top

The BUCKTOOL 10-Inch Drill Press, powered by a 6.0 Amp, 3/4 HP motor, is engineered for those who seek both precision and efficiency in their drilling operations. This benchtop model impresses with its ability to deliver smooth, accurate holes across a variety of materials, thanks to its robust motor and adjustable speed settings.

Close-up of a drill press with a spade bit drilling into wood, with focused lighting on the work area

The precision is further enhanced by its sturdy construction and design features aimed at reducing vibration and ensuring consistent drilling depth. Efficiency is a hallmark of this drill press, as it utilizes its power to achieve optimal performance without wasting energy, making it a reliable choice for both DIY enthusiasts and professionals looking for a balance of power, accuracy, and energy conservation in their workshop tools.

Things I liked About This Product:

  • Variable Speed Control: Allows for precise speed adjustment to suit various materials.
  • Powerful Motor: The 6.0 Amp, 3/4 HP motor delivers strong and consistent performance.
  • Compact Design: Efficiently utilizes space while providing substantial drilling capacity.

Decision-Making Factors

When selecting the best drill press for your money, consider the following key factors based on my experience:

  • Power & Speed: Ensure the motor’s power and the machine’s speed settings can handle the materials you plan to work with.
  • Size & Space: Consider the size of the drill press and the available space in your workshop.
  • Precision: Look for features that enhance precision, such as depth stops, laser guides, and adjustable tables.
  • Durability: Opt for drill presses with solid construction to withstand frequent use.
  • Budget: Balance your budget with the features and quality you need.

Recommendation For Optimal Uses

  1. Woodworking Projects: Ideal for crafting furniture, decorative items, and custom woodworking tasks, the best drill presses of 2024 offer precise hole placement and depth control, making them perfect for intricate joinery and doweling.
  2. Metal Fabrication: With adjustable speeds and robust power, these drill presses are suited for drilling through metal, including steel, aluminum, and brass, making them essential for creating metal parts, automotive repairs, and DIY metal projects.
  3. Circuit Board Manufacturing: The precision and adjustable settings of top 2024 drill presses allow for the delicate drilling required in circuit board production and electronic project assembly, ensuring accurate hole sizes without damaging the sensitive materials.

Final Conclusion

In summing up our exploration of the “Best Drill Press for Your Money in 2024,” it’s clear that the market offers a diverse array of options tailored to fit every skill level and project requirement. The WEN 4208 shines as a standout choice for most consumers, delivering an impressive blend of affordability, performance, and flexibility, making it a wise investment for both novices and seasoned crafters alike. Meanwhile, for professionals or those with specific demands such as heavy-duty metalwork, options like the DEWALT model provide advanced features and robust capabilities. Ultimately, the right drill press for you depends on your individual needs, workspace, and budget. By considering these key factors, you can select a tool that not only meets your current requirements but also serves you well into the future, ensuring precision and efficiency in all your projects.

Frequently Asked Questions

  1. What factors should I consider when choosing a drill press?
    Consider the power output, speed settings, chuck size, drilling capacity, build quality, and additional features like built-in lighting or laser guides. Also, think about the space you have available and the types of materials you’ll be working with.
  2. Are more expensive drill presses always better?
    Not necessarily. While higher-priced models often offer more power and features, there are many affordable options that provide excellent value and performance for most DIY projects and professional tasks.
  3. Can I use a drill press for materials other than wood?
    Yes, many drill presses can handle a variety of materials, including metals, plastics, and ceramics. The key is to choose the right drill bit for the material you’re working with and adjust the speed accordingly.
  4. How do I maintain my drill press?
    Regular maintenance includes cleaning the machine after each use, lubricating moving parts, checking for loose components, and sharpening or replacing drill bits as needed.
  5. What safety features should I look for in a drill press?
    Important safety features include a sturdy base for stability, a safety guard or shield around the drill bit, an emergency stop feature, and a chuck key holder to prevent leaving the chuck key inserted while the machine is in operation.
  6. How important is variable speed in a drill press?
    Variable speed is crucial for working with different materials, as it allows you to adjust the drilling speed to match the hardness and thickness of the material, reducing the risk of damage or inaccurate drilling.
  7. Can drill presses be used for functions other than drilling?
    Yes, with the right attachments, a drill press can be used for sanding, mortising, and even light milling tasks. However, these uses depend on the versatility and power of the drill press you choose.
  8. What is the advantage of a benchtop drill press over a floor model?
    Benchtop drill presses are more compact, making them suitable for small workshops or spaces. They’re also generally less expensive. However, floor models offer greater capacity and power for heavy-duty tasks.
  9. How does chuck size affect my drill press’s capabilities?
    The chuck size determines the maximum size of the drill bit shank that can be accommodated. A larger chuck size means greater versatility in the range of drill bits you can use.
  10. What is the significance of the drilling depth capacity?
    The drilling depth capacity indicates how deep a hole the drill press can make in a single pass. This is important for projects requiring precise, deep holes, and should match the requirements of your most demanding tasks.

We’re eager to hear your feedback! Please share your personal experiences and insights on the best drill press for your money in 2024 in the comments section below. Whether you’re a seasoned professional or a passionate hobbyist, your perspectives could greatly assist fellow enthusiasts in making well-informed choices. Let’s help each other find the perfect tool for our projects!

Edward Smith
Edward Smith
Forestry Author

Woodworking is about more than crafting; it's a harmonious connection with nature, mastering tools, and preserving our environment. I'm here to share my knowledge and experiences with you, forging a future where we can embrace wood's beauty and utility while safeguarding our forests' health and diversity.


Leave your comment

Please enter your name.
Please provide a valid email address.
Please type your comment.