The Best Drill Press for the Money

Best Drill Press for the Money – It doesn’t matter whether you want to hog out a mortise or drill hinge cup recesses, having a drill press can help you a lot, as they offer many advantages. Since it is very versatile, you can consider a drill press as an important tool that you must have in your home. If you need some recommendations, we found some models that may fit your needs and budget. Before you check our list, we have some tips which can help you pick a good one.

Things to Consider Before You Buy a Drill Press

Type of the Drill Press: Make sure that you know which type that fits your needs. There are some types which can be chosen, but the most popular ones are regular, Benchtop, and stationary.

Budget: Drill presses are available at various prices; simply pick one that fits your budget.

Features: Some drill presses have additional features which can’t be found in standard models. There are some common features that a good drill press should have such as cleaning systems, magnetism, additional sanding functions, and locking systems.

Size: Make sure that you buy one that doesn’t consume a lot of space. This is important if you have a small space.

Build Quality: Don’t choose a drill press that is vibrating too much. This can be very dangerous. It can also create inaccuracies. You can choose one that comes with the table, cast iron base, and drill heads.

Best Drill Press for the Money in 2017 – Our Top Picks

If you are looking for the best drill press for the money, perhaps these following items can meet your expectations.

1. WEN 4208 8-Inch 5 Speed Drill Press

The WEN 4208 is one of the best drill presses which you can put on the list. It has some great features, including the onboard key storage and a ½-inch keyed chuck. Using the five-speed operation, the speed can be adjusted. You can choose from 740, 1100, 1530, 2100, and 3140 RPM.

WEN 4208 best drill press for the money

The WEN 4208 is not only powerful, but it is also lightweight. It can be used in a small shop. When using this drill press, you don’t have to worry about its performance. It has a powerful induction motor which comes with the ball bearing construction, making it very durable when the tool is operated at high speeds.


  • Flexible height.
  • Quality of the motor is strong and durable.
  • Offers precision even throughout repeated drill operation.
  • 5 Pace change option.


  • Doesn’t provide simplicity.

When people are searching the best drill press for the money, they should check out the WEN 4208. It is durable and would work for drilling any kind of materials including metal, wooden, plastic, and some other supplies.

2. SKIL 3320-01 120-Volt Drill Press Review

If you are looking for the best drill press for the money which can make accurate holes, the SKIL 3320-01 is a perfect solution. This tool is not only powerful, it is also adjustable. Using the beam laser, it is not difficult to get the precise hole alignment. It also comes with the depth adjustment system which lets you drill down consistently.

SKIL 3320-01 best drill press for the money

There is an interesting feature that we love from the SKIL 3320-01. The availability of the 5-speed system gives you more options when you want to cut various materials. It can be used to cut metal, wood, and other materials easily. It also accepts larger diameter bits for cutting and woodworking.


  • Accurate.
  • Durable.
  • 2-sided motor adjustment.
  • Press is well balanced.
  • Quill depth stop adjustment.
  • Sturdy metal construction.
  • Quiet in operation.
  • Easy to assemble.


  • No light built in.
  • Laser light doesn’t work well.

The Skill 3320 will serve you well. It can compete with more expensive models as it offers great features that will perform well. If you have a limited budget, this well-built press should definitely be on your shopping list.

3. Shop Fox W1668 13″ Bench Top Drill Press

The Shop Fox W1668 comes with a clever design which uses a dust collection port, keeping the surface clean when you are using the tool. It has some good features, but the most interesting one is its sanding ability. You can convert the tool from drilling operations to sanding operations. This can be done in a few seconds.

Shop Fox W1668 best drill press for the money


  • Heavy duty and sturdy machine.
  • It is easy to assemble and it works perfectly well.
  • The machine is well packaged.
  • Great depth for deep holes.
  • Has a great power.


  • Difficult to change belt speed.
  • Doesn’t have a work light.

The Shop Fox W1668 drill press is widely used by customers and owners due to the quality of output and service that it provides. This product is reliable tool that will help your perform good drilling be it home based or professional.

4. Powermatic 1791310 PM701 Bench Mortiser

If you are looking for a benchtop drill press which is ideal for heavy duty projects, consider choosing the Powermatic 1791310. It comes with some nice features, such as the reversible handles which can be moved from side to side easily and a double lock system which is very useful as it can prevent any slippage when you want to remove the chisel from the work-piece. It also comes with a quick action cam lock which makes positioning simple. Using a rack and pinion system, the fence can be adjusted easily.

Powermatic 1791310 best drill press for the money


  • The handle can be moved from side to side easily.


  • Smaller than other units.
  • Doesn’t have a laser to guide precision.

5. DEWALT DWE1622K Magnetic Drill Press

The DEWALT DWE1622K is one of the most powerful drill presses that you can include on the list if you need one that can handle all of your projects. It comes with a powerful 10-Amp motor. It also has 2 speed settings. To prevent motor damage, the DEWALT DWE1622K comes with overload protection electronics. It has a quick change chuck system which lets you change from a keyed chuck to a Weldon shank. There is also a quick release feature which lets you handle the tool easily and safely.

DEWALT DWE1622K best drill press for the money

The DEWALT DWE1622K has all the features that you need from the best drill press as it offers maximum capacity, which is ideal for heavy duty applications. Notice that there is a coolant bottle which comes with a special magnetic feature. Considering some features offered by this tool, it is one of the best choices that you can get out there.


  • Easy to use.
  • Powerful motor.
  • Compact.
  • Promotes safety.


  • Minimal speed Adjustments.

The Dewalt DWE1622K is impressive in many ways. It is equipped with a heavy-duty construction and a powerful motor. It will able to drill in various materials without having to require much effort.

Final Words

Finding a cordless drill press that comes with superb functionality and performance may take some time. If you are busy and you don’t want to spend a lot of time and money to find a good one, you may need to consider our recommendations. We are confident that the products we mentioned are the best choices you can rely on. We hope the list of the best drill press for the money we provide can help you to choose the right one that matches your criteria and budget.

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