Best Budget Toasters on The Market ($15 – $40)

Cheap toaster on a kitchen counter

Finding the perfect toaster can be daunting. Many different models on the market are slapped with a high price, which can easily be out of budget for most American households. 

However, missing out on toast would be a real shame. That’s why I researched the market to find toasters that are within the budget of most people, without sacrificing quality.

Best Affordable Toasters

Take a look at the toasters I have listed below to see the best budget toasters you can find online for less than $40. For a toaster to qualify and be placed on this list they have to fulfill two criteria. They need to offer excellent toasting abilities and their price has to be below $40.

To make things easier, I have further divided all the toasters I have managed to find into two categories: toasters under $20, and toasters between $20 and $40.

ToasterNo. of SlicesDimensions (Inches)My Review
Elite Gourmet ECT-102729.45 x 5.31 x 6.46Jump to Review
Betty Crocker BC-2605CB211.14 x 7.05 x 6.06Jump to Review
Imusa GAU-80120B210 x 6.5 x 7Jump to Review
Brentwood Toaster Cool Touch210 x 6.6 x 6.1Jump to Review
Maximatic ECT-3100414.68 x 7.13 x 7.68Jump to Review
Amazon Basics 2 Slice Toaster210.7 x 6.42 x 7.56Jump to Review
Oster 2 Slice Toaster211.73 x 8.07 x 8.54Jump to Review
Proctor Silex 4 Slice Toaster48 x 12.25 x 11.31Jump to Review
Gevi Stainless Steel 4-Slice Toaster412.6 x 12.32 x 8.23Jump to Review
Table representation of best cheap toasters currently available on the market, number of slots they have and dimensions.

Toasters Under $20

Elite Gourmet ECT-1027

The Elite Gourmet ECT-1027 is a 2-slice toaster. It comes in a 9.45 x 5.31 x 6.46 inch size and with a white outer coating. This appliance is manufactured from aluminum. The toaster features two 1.25 inch slots, perfect for versatile bread types. It offers 6 toast shade settings and a convenient cancel function.

Elite Gourmet ECT-1027 Cool Touch Toaster
  • Features s drop-down crumb tray
  • Offers a small and lightweight design
  • Seven shade settings and cancel function
  • Take lightweight literally here, it's as light as a feather
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02/03/2022 04:50 am GMT

The Elite Gourmet ECT-1027 offers a modern aesthetic with its white design. The sleek white coating and simple design make the toaster fit perfectly in versatile kitchens. On top of it, its compact size makes the toaster easier to store and it requires minimum countertop space. Its cord neatly tucks under the appliance, keeping it out of harm’s way.

The toaster features 2 sloths that are 1.25 inch wide. This allows the toaster to accommodate different bread types and bagels. Additionally, the slots feature special self-centering guides. These guides adjust the bread slices in the center of the slot, ensuring an optimized and even toasting. As a result, the toaster’s slots make sure each toast comes out perfectly toasted.

When it comes to the features, this toaster offers a basic toasting function. It comes with six adjustable toast shades, where the intensity of the toasting process can be selected. This can be adjusted by turning the knob located on the appliance’s side. You can also stop the toasting process whenever you want with the cancel button, which will force the toaster to eject the slices prematurely. 

Keeping the Elite Gourmet ECT-1027 clean is also easy. The drop-down crumb tray allows you to clean the breadcrumbs out from the toaster. By opening the crumb tray, the breadcrumbs can be brushed out, before they start burning in the toaster – which can shorten the toaster’s service life.

Betty Crocker BC-2605CB

The Betty Crocker BC-2605CB is a two-slice toaster. It is available in a matt black color and comes in an 11.14 x 7.05 x 6.06 inch size. This model is manufactured from stainless steel. It features a cool wall housing, which keeps the appliance cold to the touch. Its basic function offers 6 toast shade settings.

Betty Crocker Cool Touch Toaster (BC-2605CB)
  • Features a cool wall housing
  • Extra wide slots for versatile toasting
  • Comes with a drop-down crumb tray
  • Offers only basic toasting functions
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02/03/2022 12:16 am GMT

The Betty Crocker BC-2605CB features two wide slots, which can accommodate different bread types. From artisan bread to bagels, Belgian waffles and thicker bread slices, the 30mm slots will let you toast everything. Enjoy versatile bread types for breakfast without the fear that they will not fit your toaster. 

The toaster comes with 6 controllable toasting shades. The adjustable knob located on the toaster’s side allows you to select and control the intensity of the toasting process. Find your favorite toasting shade from lightly toasted (1) to dark brown (6). Sadly, this toaster does not come with extra cooking or toasting functions. 

The extra lift feature gives you better access to the toast. If you are toasting smaller bread slices, simply lift the level higher to safely remove the slices from the toast. This will eliminate the need of you having to reach into the toaster, preventing injuries. The toaster also features a neat safety feature – the Cool Wall Housing. This prevents the appliance from burning its user. It keeps the toaster cool to the touch at all times.

The Betty Crocker BC-2605CB is manufactured from stainless steel, which further improves its longevity. Additionally, the toaster comes with a drop-down crumb tray that lets you keep the appliance clean easily. Pull down the tray to remove any breadcrumbs from the toaster before they start burning.

Imusa GAU-80120B

The Imusa GAU-80120B is a 2-slice toaster available in a sleek black color. This comes in a 10 x 6.5 x 7 inch size, which offers a compact design. The toaster offers 5 toast shading settings and even toasting. Use the high lift lever to your advantage, and keep the toaster clean effortlessly with the removable crumb tray.

Imusa GAU-80120B Electric Basic Toaster
  • Small, compact size
  • Provides a higher lift lever
  • Features a reheating function
  • Only 5 browning settings
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02/03/2022 03:44 am GMT

The Imusa GAU-80120B is a basic toaster which features two wide slots. You can easily toast different types of bread, English muffins, bagels, and more, as the toaster’s slots accommodate most breakfast pastries. This appliance can also be used to reheat and warm your toast, as the first “toasting shade” is actually for reheating bread slices.

Apart from the reheating function, this toaster features 5 browning settings. Turn the knob on the toaster’s side to select your preferred toasting shade. By choosing this, you will be able to control the toaster’s temperature, adjusting how brown or well-toasted the bread slices will turn out. For easier removal, the toaster also features a high lift function. This allows you to lift the slices higher, eliminating the need of having to reach into the hot toaster to remove the bread. 

This appliance is easy to clean. The removable crumb tray allows you to clean out breadcrumbs from the toaster’s inside before they start burning and ruin the toaster. Additionally, the smaller and compact design offers better storage. This toaster takes up minimal countertop space and allows the cord to be tucked away under the unit.

The Imusa GAU-80120B was designed for the US voltage standard of 120V. If you intend to use this appliance in other countries, a voltage converter is required for its safe usage. 

Brentwood Toaster Cool Touch

The Brentwood Toaster Cool Touch is a 2-slice toaster which comes in a 10 x 6.6 x 6.1 inch size. This is available in a matt white color with the 2-slice option, but its 4-slice option is also sold in black (that version is slightly more expensive). This toaster offers basic toasting functions and 6 toasting settings.

Brentwood Cool Touch 2-Slice Toaster
  • It’s easy to clean
  • 6 toast shade settings
  • Stays cool to the touch
  • The outer coating is plastic
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02/03/2022 12:17 am GMT

The Brentwood Toaster Cool Touch is a basic 2-slice toaster. While it offers 6 toasting shade settings, this toaster is not really versatile. If you are in need of a regular toaster that does a decent toasting job, this toaster might just be the one for you. 

This model features two wide slots that accommodate different bread types. The wider slots allow you to easily toast versatile artisan bread, bagels, and waffles with ease. The adjustable knob on the toaster’s side allows you to easily control the toasting shade setting. You can select the browning shade between 1 (lightly toasted) and 6 (dark brown) based on your toast preferences. 

The toaster is also easy to keep clean. The removable crumb tray gives better access to the toaster, allowing the user to effortlessly clean the toaster’s inside daily. This prevents breadcrumbs from accumulating and burning inside the toaster, which can lead to the toaster’s shortened service life. 

The Brentwood Toaster Cool Touch has a plastic outer coating, which stays surprisingly cool to the touch – that was a pleasant surprise. Additionally, the cord comes out of the toaster’s back, which gives you better access to the controls – since the toaster will not need to face away from you. All in all, this toaster offers a compact design and uses minimal countertop space

Toasters Between $20 and $40

Maximatic ECT-3100

The Maximatic ECT-3100 is a 4-slice toaster which features two 10 x 1.25 inch slots. It comes in a 14.68 x 7.13 x 7.68 inch size, and it is available in stainless steel, black, and a combination color. The toaster offers 6 different browning shades and a cancel feature. It offers easier cleaning with the removable crumb tray.

Editors Pick
Elite Platinum ECT-3100 Cool Touch Toaster
  • 1-year warranty
  • Cancel, reheat, and defrost options
  • Two 10” inch slots for various bread types
  • The placement of the levers is a bit inconvenient
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02/03/2022 02:28 am GMT

The Maximatic ECT-3100 features an interesting design. While it only has two slots, this toaster is still a 4-slice toaster. The two slots are 10” long and 1.25” wide, which fit two bread slices each. These slots provide the possibility of toasting various breakfast pastries. You can fit different artisan bread, bagels, waffles, and even long bread slices into the slots with ease.

Additionally, this toaster features self-centering guides in the slots. They automatically grab onto the bread slices and center them perfectly, so both sides are evenly toasted. The two slots have one lever each, allowing you to toast only two slices of bread if you wish. These levers are located on the two sides of the toaster. 

However, the toaster only features one knob for adjusting the toasting shades. This model offers six browning shades, which can range between lightly toasted (1) and brown (6). They can be selected with the turnable knob on the toaster’s front. Above this dial, you will also find the toaster’s cancel, reheat, and defrost options. 

The Maximatic ECT-3100 comes with a removable crumb tray, which offers better access to the toaster during the cleaning process. This helps with the toaster’s upkeep. During storage, the cord can be tucked under the unit. The toaster is manufactured from food-grade stainless steel, ensuring its longevity. Furthermore, this toaster model is backed by a 1-year warranty.

Amazon Basics 2 Slice Toaster

The Amazon Basics 2 Slice Toaster is, as the name suggests, a 2-slice toaster. It is available in a compact 10.7 x 6.42 x 7.56 inch size. When purchasing this item, you are offered versatile color options, but some are a bit more expensive. The toaster comes with wider slots, a higher lift lever, and different toasting settings.

Amazon Basics Extra-Wide 2 Slot Toaster
  • Perfect for different bread types
  • Features a removable crumb tray
  • Bagel, Frozen, and Cancel features added
  • The toaster is really light, a bit too light
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02/03/2022 03:24 am GMT

The Amazon Basics 2 Slice Toaster features two 1.25” wide sloths. These slots accommodate different bread types with ease. Choose your artisan bread, muffins, waffles, or bagels for breakfast and toast them without issues with this model. However, the slots are 5.25” wide, which doesn’t offer the option for longer bread slices.

 The toast shade dial is located on the toaster’s side, under the lever. You can select the toasting intensity between 1 and 6, depending on your taste. This toaster truly shines with its added features. It offers versatile toasting settings apart from the 6 toast shades. The bagel setting only toasts one side of the bagel, the frozen setting defrosts the bread, while the cancel function immediately stops the toasting process. These functions can be chosen with the buttons added next to the toast shade dial. The buttons illuminate to indicate the selected setting.

The Amazon Basics 2 Slice Toaster utilizes its higher lift lever to offer better access to the toast. You will not need to reach into the hot toaster. Simply use the lift lever to move the toast up enough for you to safely remove it. Additionally, the toaster’s back features a removable crumb tray, which helps you clean out any breadcrumbs. This prevents the breadcrumbs from staying in the toaster and burning – which can shorten the appliance’s service life.

Oster 2-Slice Toaster

The Oster 2-Slice Toaster is a stainless steel toaster, which is available in gray and red colors. It comes with a 11.73 x 8.07 x 8.54 inch size. This model was designed with advanced toast technology to improve the toasting result and time. It also features a removable crumb tray, different toasting functions, and a higher lift lever. 

Oster 2-Slice Stainless Steel Toaster
  • Faster and even toasting
  • Features a removable crumb tray
  • Offers additional toasting functions
  • Muffins can get stuck in the toaster
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02/03/2022 12:18 am GMT

The Oster 2-Slice Toaster features two slots that can accommodate versatile breakfast pastries. From regular to artisan bread, bagels, and waffles you can easily toast all types of pastries with ease. The wider slots will make sure they will not get stuck inside the toaster. 

This model was designed with the Advanced Toasting Technology. This technology optimizes the heating elements located inside the toaster to improve the toasting process. In other words, the advanced toasting technology results in faster toasting times and evenly toasted bread slices. Furthermore, this toaster also comes with additional toasting settings. Apart from the 6 toast shades (which can be selected on the dial located under the lever), this model also offers bagel, frozen, and cancel functions. These can be turned on by simply pushing the designated buttons before the start of the toasting process.

The Oster 2-Slice Toaster comes with a removable crumb tray. Clean out breadcrumbs from the toaster and prevent them from burning. Burning breadcrumbs can easily damage the toaster and shorten its service life. In order to prevent this, the toaster needs to be cleaned after every use, which is made easier with the removable crumb tray.

Proctor Silex 4-Slice Toaster

The Proctor Silex 4-Slice Toaster is a compact, four-slice toaster, which comes in sleek back color. It is available in an 8 x 12.25 x 11.31 inch size. The adjustable toast shade settings, the automatic shut-off function, and the wider slots offer a better toasting process. The toaster is also easily stored away and needs minimal countertop space. 

Proctor Silex 4-Slice Cool Touch Toaster (24215)
  • Features 7 toasting shades
  • Individually working slot pairs
  • Compact design and easy storage
  • No additional toasting functions
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02/03/2022 12:18 am GMT

The Proctor Silex 4-Slice Toaster features four slots, which can be operated with two levers. These slots were designed to accommodate different bread types effortlessly. You can toast anything from artisan and regular bread to bagels and waffles. The wider slots will prevent toast from getting stuck in the toaster, which its high lift lever feature allows you to easily remove toast slices as well.

The toaster features seven toast shade settings. This setting can be adjusted with the toast shade dials located under the levers. Each pair of slots feature one dial, allowing you to toast different types of bread, at various settings at the same time. This offers a truly time-saving solution. Additionally, the toaster comes with an automatic shut-off feature, which turns the heating elements off when the toasting process finishes.

The Proctor Silex 4-Slice Toaster features two pullout crumb trays. This ensures the toaster is easily cleaned, as it provides convenient access to the breadcrumbs. In order to keep the toaster clean, you simply need to remove the trays and brush off the crumbs. This model offers neat cord storage under the unit, which keeps the cord out of harm’s way. The smaller size of the model also offers effortless storage and it offers a countertop space-saving solution.

Gevi Stainless Steel 4 Slice Toaster

The Gevi Toaster 4 Slice is a stainless steel toaster, which is available in silver color. It comes in a 12.6 x 12.32 x 8.23 inch size. This model offers seven toasting settings, wide slots, additional toasting functions, and two removable crumb trays. These improvements ensure the toaster’s efficient and convenient performance. 

Gevi 4 Slice Stainless Steel Toaster
  • Offers seven toast shade settings
  • The slot pairs function independently
  • Features cancel, defrost, and reheat functions
  • The toaster heats up during use
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02/03/2022 12:18 am GMT

The Gevi Toaster 4 Slice features four slots that work in pairs. Each slot pair has a pull-down lever, a toast shade setting dial, and function buttons that provide extra cooking options. All four slots are 1.5” wide, which allows them to accommodate different types of breakfast pastries. The wider slots are perfect for artisan bread types, bagels, and waffles. 

The toaster offers 7 toasting shade settings and extra toasting functions. These can be adjusted based on your preferences for each slot pair. The turnable dial allows you to set the toast shade between 1 (lightly toaster) and 7 (dark brown). The additional functions include Cancel (stops the toasting process right away), Defrost (defrosts frozen bread), and Reheat (brings the toast to room temperature). These functions offer better toasting versatility to the toaster, allowing you to closely control the toasting process.

The Gevi Toaster 4 Slice also comes with two removable crumb trays. These can be slid out of the toaster and brushed off in order to keep the toaster clean of breadcrumbs. This model is manufactured from stainless steel. While this material ensures the appliance’s longevity, unfortunately, without an outer coating it makes the toaster hot when it is being used. 

Satisfy Your Breakfast Cravings and Keep Your Wallet Happy

Many of us live with the belief that a higher price tag equals better quality, but sadly that is often not true. You can find extremely high-priced, luxury items that break quickly, while a $20 item we thought was cheap lasts for years.

The above-mentioned toasters will satisfy all of your breakfast cravings without you having to break the bank to pay for them. Most of these toasters only offer the basics, yet they still perform excellently. They offer good toasting options, even if some of them do not offer extra functions. 

Therefore, it is up to you to check them out and purchase the one that suits your needs. Don’t forget to let me know which one you have decided on in the end!

If you happen to get a toaster for yourself cleaning it will become inevitable. It’s always good to be prepared so make sure to read my detailed guide on cleaning a toaster!

Larry Flynn

Hi everyone! My name is Larry Flynn and I've been working in the kitchen appliance industry for decades. From manufacturing to retail and everything in between. My latest hobby is running this website, where I share all the knowledge I gathered throughout the years in the industry. I also run a small toaster repair shop in downtown NY, and collect vintage toasters.

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