We get it - you’re on a budget, and you want the best cordless drill under $150 to make the most of your money. There are a ton of options out there. We know what it’s like to stand in front of a dozen options at the local hardware store and wonder what’s the best choice. So we put ourselves in your shoes and came up with a cordless drill buying guide that should give you a Pro perspective on what to buy.

Best Cordless Drill Under $150 for Pros

Our overall top pick goes to the Ridgid Gen5X Brushless Compact Hammer Drill. At the $150 price limit, it has the best speed available at 2100 RPM and hits 700 inch pounds of torque. It’s one of three models that include a hammer drill mode and one of four with a brushless motor. In addition to its performance and features, the Ridgid Lifetime Service Agreement also plays a considerable factor in taking this top spot. At $129, you’ll still have $21 to spend on the accessories you need.

Pros

  • Brushless motor
  • Hammer drill mode for light masonry work with Excellent BPM rating
  • Outstanding battery capacity with (2) 2.0 amp hour batteries included
  • Micro Clutch with more than 100 settings
  • Excellent torque and Outstanding speed for this class
  • Lifetime Service Agreement

Cons

  • 18V product line is Good, but isn’t as deep as others

Ridgid Gen5X Brushless Compact Hammer Drill Specs

  • Model: Ridgid R86116K
  • Voltage: 18V
  • Torque: 700 in-lbs.
  • Max Speed: 2100 RPM
  • Hammer Rate: 27,300 BPM
  • Speeds: 2
  • Included Battery: (2) 2.0 AH
  • Warranty: Lifetime Service Agreement

Best Cordless Drill Under $150 to Jump Into a New Battery Platform

If you’re looking for a cordless drill kit as a jumping off point to a new battery platform, there are two great options. The Makita XPH102 and the Milwaukee 2606-22CT are both priced at $129, and there are few differences between the two on paper. Milwaukee gets a slight edge in torque while Makita has a slightly faster speed and gives you a hammer drill mode. Milwaukee comes with two compact batteries while Makita comes with one 3.0 amp hour battery. So it’s a tossup whether you want two 1.5 amp hour batteries or one larger battery, but you get the same overall capacity regardless. Ergonomically, Makita’s design gets the nod.

Both brands have deep product lines on their 18V platforms and typically match up well against each other. If you’re going to force us to make a choice between the two, it will depend on who you talk to. Our team is split, so I’m confident both are a solid choice.

Makita 18V LXT Hammer Drill Pros

  • Outstanding ergonomics
  • Very good top speed
  • Hammer drill mode for light masonry work with Oustanding BPM rate
  • Quick charger fully cycles in 30 minutes
  • Outstanding depth in line of compatible 18V LXT tools
  • Very Good battery capacity with a 3.0 AH battery included

Cons

  • Better torque available in this class
  • No brushless motor

Makita 18V LXT Hammer Drill Specs

  • Model: Makita XPH102
  • Voltage: 18V
  • Torque: 480 in-lbs.
  • Max Speed: 1900 RPM
  • Hammer Rate: 28,500 BPM
  • Speeds: 2
  • Included Battery: (1) 3.0 AH
  • Warranty: 3 years

Milwaukee M18 Compact Drill Pros

  • Excellent ergonomics
  • Good speed and torque
  • Outstanding depth in line of compatible M18 tools
  • Very Good battery capacity with two 1.5 AH batteries included
  • 5-year warranty

Cons

  • Better speed and torque available in this class
  • You can get a drill with hammer mode at the same price
  • No brushless motor

Milwaukee M18 Compact Drill Specs

  • Model: Milwaukee 2606-22CT
  • Voltage: 18V
  • Torque: 500 in-lbs.
  • Max Speed: 1800 RPM
  • Speeds: 2
  • Included Battery: (2) 1.5 AH
  • Warranty: 5 years

Best Cordless Drill Under $150 for the Serious DIYer

If you’re a serious DIYer, take a good look at the Ryobi Brushless Hammer Drill Kit. It’s at the top of your price range for $149 but features a brushless motor, hammer drill mode, and a 4.0 amp hour battery. Ryobi boasts the top torque in this price class at 750 inch pounds to go with its 1800 RPM no-load speed. This cordless drill has the ability to cross over into professional use—particularly for maintenance and repair crews. You’ll notice the ergonomics and finish aren’t as refined as the other drills we listed, but it certainly has the muscle to get the job done.

Pros

  • Good speed and Outstanding torque
  • Excellent depth in line of compatible One+ 18V tools
  • Hammer drill mode for light masonry work with Good BPM rating
  • Brushless motor
  • Outstanding battery capacity with the included 4.0 AH battery

Cons

  • Better speed available in this class
  • Better ergonomics available

Ryobi One+ 18V Brushless Hammer Drill Specs

  • Model: Ryobi P1813
  • Voltage: 18V
  • Torque: 750 in-lbs.
  • Max Speed: 1800 RPM
  • Hammer Rate: 24,000 BPM
  • Speeds: 2
  • Included Battery: (1) 4.0 AH
  • Warranty: 3 years

Best Cordless Drill Value Under $150

The best value goes to the Kobalt 24V brushless drill. Kobalt jumped up to 24 volts by adding an extra cell in its battery pack so that it runs on six cells instead of five. This is very similar to Hilti 22V battery packs. This may sound gimmicky, but there are real performance benefits here that we found in our testing. You get plenty of power with 650 inch pounds of torque and 2000 RPM speed. Power is delivered by a 2.0 amp hour battery, and with a price of $119, you can afford to pick up a second for another $20. The fit, finish, and ergonomics of this drill are fairly solid, though it is on the heavier side compared to other Pro brands.

Pros

  • Excellent speed and Very Good torque
  • Very Good ergonomics
  • Brushless motor
  • Additional batteries are only $20
  • 5-year warranty

Cons

  • Heavier than others in this class
  • No hammer drill mode
  • Only a few compactible 24V Max tools
  • Only comes with one 2.0 AH battery

Kobalt 24V Max Brushless Drill Specs

  • Model: Kobalt KDD 1424A-03
  • Voltage: 24V Max
  • Torque: 650 in-lbs.
  • Max Speed: 2000 RPM
  • Speeds: 2
  • Included Battery: (1) 2.0 AH
  • Warranty: 5 years

Why $150?

The $150 mark puts you into a different class of cordless drills. Almost all the major professional brands have a kit in this price range and some of them even get into brushless motors. Here you’ll find entry-level Pro performance along with the minimum features that you should expect from a Pro level tool.

What’s the Criteria?

We took a look at various retailers to see what the best cordless drill kit each major manufacturer has to offer under $150. And it had to be a kit. A cordless tool is no good without and battery and charger.  Several of these companies have multiple options that meet the price point, but we were looking for the best performance specs and features you can get for your money.

We didn’t include 12V tools for this group even though there are some great options available. Some even have performance that gets near this higher voltage group. In the end, however, they really need to be considered in a group of their own. So keep your eyes open for the 12V buying guide!

Rating Key

  • Outstanding – best in this class
  • Excellent – not the top, but close
  • Very Good – solid, nothing to be ashamed of here
  • Good – It’ll work, but we wouldn’t want to go any lower