Best Affordable MIG Welder Under 500 (Budget & Cheap Picks)

As a beginner, you would want to start your experience with something easier to handle and low on price. So fear not, as we have compiled a list of extraordinary welders that can make your experience perfect.

5 Best MIG Welders Under 500

Our Top PickForney Easy Weld 261Forney Easy Weld 261Input Power: 120 V
Features: Only 19 lbs Weight
Maximum Output: 140AMP
Lincoln Electric K2278-1Lincoln Electric K2278-1Input Power: 115V
Cold Contractor Feature
Maximum Output:
Budget PickLOTOS MIG140LOTOS MIG140Input Power: 110V
Thermal Cut-Out System
Maximum Output:
Hobart Handler 100Hobart Handler 100Input Voltage: 120V
Features: Welds 3/16 Inches of Steel
Maximum Output: Upto 100 AMP
Thermal Overload Protection
Maximum Output:

1. Forney Easy Weld 261 MIG Welder – Our Top Pick

Best MIG Welder Under 500
Forney Easy Weld 261
  • Manufactured By Forney 
  • Input Power: 120 V
  • Duty Cycle: 30 % @ 90 A      
  • Welding Process: MIG,FCAW
  • Special Features: Welds mild steel up to ¼ thickness

  • Lightweight and easy to carry
  • Ideal for beginners as it is easy to use
  • It runs on economic power
  • Cheap and under budget
  • Can get dirty quick

The Brand Forney is known for producing one of the most quality welders in the marketplace. Forney 261 is no less. A welder that fits your budget right and provides professional welder features. Forney 261 is suited for both hobbyists and professionals.

The machine is lightweight that makes it easy to carry around places for your work. Furthermore, with all the essential features, this device is pretty easy to run. With its 140 Amp output, you can work on several steel alloys without a problem.

The Forney 261, without a doubt, is one of the best budget MIG welders. Not just because of its price but also because of the quality it provides. The product also comes with a one-year warranty, so you can take your time in testing this machine.

The machine also comes with an eight-ground clamp, making welding a lot safer and efficient for beginners and newcomers. The welder is an all-around heavy-duty machine that is ideal for welders looking for an under budget welder.

2. Lincoln Electric K2278-1 – Best Inexpensive MIG Welder Under 500

best mig welder under 500
Lincoln Electric K2278-1
  • Manufactured By Lincoln 
  • Input Power: 115V
  • Duty Cycle: 20% @ 70 Amperes    
  • Welding Process: MIG Welding
  • Special Features: Works on low power & â…› inch mild-steel welding capability

  • Fast and easy setup
  • Portable and easy to carry
  • It can efficiently run on low house voltage
  • One cannot use it for professional work

The Lincoln Handy core is a perfect welding machine for household and garage projects. Furthermore, its cheap price tag makes it even more suitable for all users alike, especially those not looking for a heavier and more expensive welder.

With the lincoln handy core, you also get all the necessary equipment and accessories needed for welding.  Furthermore, you won’t have any trouble setting up the machine as it comes with all of the required attachments done already.

What makes it such a capable welder is the power it provides. You can easily weld up to 1/4 inch thickness of mild steel, which is quite ideal for any workshop worker. And with its small size, you can carry it easily anywhere.

The Lincoln Handy Core is a lightweight welder that is ideal for small projects and housework. However, it does have many capabilities in terms of power and other different features.

 The Lincoln Handy work has an output amperage of 88 A at max. This figure shows that the welder is not suited for more significant projects, but it is ideal for housework. The input voltage needed to run this machine is  115V which makes it pretty economical.

The duty cycle, which is 20% at 70 A, shows that the machine can work at a higher power rate and come in handy. Also, it can handle up to 18 gauge to â…› inch of mild steel. With a sumptuous ground connection, your convenient core will work wonders for you.

3. LOTOS MIG140 – Best Budget MIG Welder Under 500

best mig welder under 500
  • Manufactured By LOTOS
  • Input Power: 110V
  • Duty Cycle: 20 % @ 90 A   
  • Welding Process: FLUX & MIG
  • Special Features: Aluminum Wire feeder & Digital Display

  • User-friendly and perfect for beginners
  • It has a digital panel that make welding a lot easier
  • Apart from MIG, FCAW welding can also be used
  • It requires an extra wheel to carry it to places.

This welder is one of the most affordable machines out there. If you compare any 140A MIG welder with the LOTOS MIG140, you will find a significant price difference. And if you are someone looking to start a welding career, then this one will be your companion.

With the features control panel and a digital screen, Using this machine becomes easy. Furthermore, apart from MIG welding, the Lotos MIG 140 can also be used for flux arc welding, making it a two in one welder.

The Lotos MIG is perfect for beginners is a very user-friendly machine. It has a thermal cut-out system that protects from heat damage. Such features increase the lifespan making it a long-lasting mild steel partner. It brings tremendous value out of the tiny price tag.

Being one of the most powerful under budget machines out there. The Lotos MIG 140 is packed with quality features that make work productive. Having a power output that ranges from 30 to 140 A, you can easily weld a great deal of quality metal in your garage.

With a duty cycle of 20 % at 90 AMPS, you can expect your machine to weld quality material making your work efficient. The device comes with a digital control panel to have precise control over wire speed and voltage adjustment.

The machine also comes with an aluminum wire feeding system that makes wire feeding easier. Also, the brand did not include this feature in any of the previous models. Another impressive feature is the 2t/4t  switches that make your work semi-automatic.

4. Hobart Handler 100 – Best Cheap MIG Welder Under 500

best mig welder under 500
Hobart Handler 100
  • Manufactured By Hobart
  • Input Power: 120V
  • Duty Cycle: 20% @ 80 Amperes   
  • Welding Process: FLUX & MIG
  • Special Features: Weld up to 3/16 inches of steel & Ease in threading new wire

  • It runs on a low-input
  • Easy to handle
  • Perfect for hobbyist and DIY creators
  • It is not capable of Gas MIG welding

The Hobart 100 is a cheap entry-level welder. It is best suited for DIY creators and hobbyists or beginners who want to weld at a small scale. This facility is due to the low voltage requirements that make it possible to run almost anywhere.

This one is the top-rated MIG welder under 400. It can fit a 10-pounds spool in it. This way, you can save money on your welding wires. Although the welder is not advised for large projects, you can weld many quality materials for DIY creations.

If we talk about its built, it would be necessary to mention its lightweight and portable exterior. You can use the machine to weld a maximum thickness of a 3/16 inch plate which is quite reasonable for a cheap welder.

The maximum output you can get from the machine is 100 A which means your welds are intended to be good quality-wise. And welding doors, panels, and wagons won’t be a big problem.  And with such low input of only 120V, you can run it anywhere.

With four different voltage setting options, you can choose for yourself the preferred input for your work.  Moreover, your wire speed should be infinite, which is pretty good for its price. Overall this machine is perfect for a low-budget start in the world of welding.

5. SUNGOLDPOWER MIG – Best Affordable Welder Under 500

  • Manufactured By Sungold Power
  • Input Power: 110V
  • Duty Cycle: 15% @ 115 AMPS   
  • Welding Process: FLUX & MIG
  • Special Features: Lightweight design & Thermal overload protection

  • Budget-friendly
  • Lightweight body design
  • Safety features such as thermal overload protection
  • Not able to weld aluminum
  • Is not capable of large scale welding

The SUNGOLDPOWER comes with everything a beginner needs to head start his career in welding. With a list of safety features and highly portable design, it is a welder designed for newcomers. Also, having such a budget-friendly price makes it desirable.

The Sungoldpower is a machine that can also work outdoors to be quite suitable for smaller jobs. Since no shielding gas is required, your work is not only limited to indoor garage operations. Safety features such as thermal protection also ensure safety.

This device is suited for beginners because of the low skill requirement the machine has for it to operate. It works on a reasonably low voltage, so you won’t have to worry about an ample power supply. Moreover, the easy setup is an attraction for beginners.

Sungoldpower is highly suited for newcomers that want to learn to weld with such a lightweight body design. The model works on a low input of 110V, which is relatively low and can run anywhere. It is equipped with features such as thermal overload protection.

The machine is suited for metals such as steel, mild steel, and iron. With an output of 150 A, your device will be able to generate some quality welds with a good penetration ability. Moreover, with a duty cycle of 15 % at 115 AMPS, it is suited to low-scale work.

A desirable feature that this welder provides is gas-less welding. Meaning, you can perform Flux arc welding without shielding gas. This flexibility makes the welder suitable for outdoor welding. With such a low body weight, you won’t have trouble carrying it around.

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