Best cheap hi-fi speakers 2023: great sound on a budget

Triangle Borea BR03 lifestyle
(Image credit: Triangle)

With most people feeling the pinch more than ever right now, it's a great time to remember the serious value that's on offer from the best affordable speakers on the market.

The best budget speakers deliver good sound for not a lot of money. Whether you want to upgrade from a wireless speaker, boost the performance of an all-in-one system or record player, or just get started building a separates audio system, there are some great budget speaker options on the market. Cheap speakers don't have to mean bad sound, either.

We've selected the best cheap speakers from our back catalogue of expert reviews to create this selection of our favorite performers that don't break the bank. We've tested every pair of speakers on this list in our dedicated listening rooms in recent years. And there are plenty of What Hi-Fi? Award winners among them, with our list spanning specialist brands such as Bowers & Wilkins, Elac, Dali, Triangle and Wharfedale.

A tight budget may rule out flagship technologies and expensive materials, but it's amazing how good sound quality can be at this level. So whether you're building a hi-fi system based on separates or simply need a new pair of speakers to accompany a micro system (or to get better sound from your TV), you're sure to find something suitable on this list.

How to buy the best budget speakers for you

Why you can trust What Hi-Fi? Our expert team reviews products in dedicated test rooms, to help you make the best choice for your budget. Find out more about how we test.

So, we're here to find a bargain - these are affordable speakers after all - so you've already settled on a budget, which is a good first decision. Pick your upper limit and stick to it otherwise you'll never make a decision. 

But what else should you be considering before you settle on a pair of speakers? We suggest measuring your room or the area for your system, at least roughly, so you can narrow you search to speakers that are the right size and not too large for the space.

Elac Debut B5.2 lifestyle

A talented and unfussy pair of budget speakers that are fantastic for this price. (Image credit: Elac)
What Hi-Fi? Awards 2022 winner. Arguably the most capable standmounters we’ve heard at this budget price.

Specifications

Type: Standmounters
Drive units: 25mm tweeter, 13cm mid/bass
Ported: Yes (front)
Bi-wire: No
Impedance: 6 ohms
Sensitivity: 86dB
Dimensions (hwd): 34.1 x 18 x 23.4cm
Weight: 5.9kg
Finishes: 1 (black ash)

Reasons to buy

+
Detailed and organised sound
+
Solid build
+
Unfussy nature

Reasons to avoid

-
Some might prefer the richer midrange tone of the Dali speakers

There's no shortage of talented budget speakers on the market, so it takes something really special to top our list. Needless to say, these Elacs sound sensational for the money.

At 34cm tall, they're a relatively compact single-wired design and use a 5.25cm aramid fibre mid/bass driver partnered with a 2.5cm cloth dome tweeter. The only downside is you've only got one vinyl finish (black ash) to choose from. But we're pretty certain you can live with that.

The Elacs are unfussy about placement but we'd definitely partner them with quality entry-level separates to let their rhythmic talents shine through. Anything less and you're doing them a disservice. They're dynamic and expressive performers capable of dealing with any genre you throw their way – dense instrumentation and complex rhythms pose no problems for these Elacs.

Overall, they deliver sound with a precision and cohesion that’s rare for this level. Buy with confidence.

Read the full Elac Debut B5.2 review

Dali Spektor 2 lifestyle

One of the best entry-level speakers, delivering sophistication, nuance and passion for a truly budget price. (Image credit: DALI)
These great-value Dalis offer unrivalled entertainment and are ideal for smaller rooms.

Specifications

Type: Standmounters
Drive units: 25mm tweeter, 13cm mid/bass
Ported: Yes (rear)
Bi-wire: No
Impedance: 6 ohms
Sensitivity: 85dB
Dimensions (hwd): 29.2 x 17 x 23.8cm
Weight: 4.2kg
Finishes: 3 (walnut, black ash, white)

Reasons to buy

+
Agile, articulate and expressive sound
+
Good detail resolution
+
Unfussy nature

Reasons to avoid

-
Low rated sensitivity, so needs care with amplifier pairing

These previous Award-winners are excellent budget speakers, combining Dali's traditional strengths (agility, articulation and good insight) with a generous dose of entertainment. 

They're built with a great attention to detail that filters down to every aspect of these speakers. They're not huge, but would benefit from stand mounting.

Sonically, they're a cut above. Vocals drip with nuance and passion, while instruments come through with finesse, precision and energy. They even stay composed when pushed to high volumes, keeping tracks organized into an involving and musical whole.

Dynamic shifts are handled with aplomb, with both large-scale swings and low-level subtleties dealt with equally skillfully.

That makes them sound ever so serious, but actually, they're entertaining to listen to. In fact, they deserve a spot high on this list for offering a level of fun even their most talented rivals struggle to match. And at this price, they're virtually impossible to fault.

Read the full Dali Spektor 2 review

Wharfedale Diamond 12.3

Affordable, wonderfully refined and well made – these Wharfedales are terrific towers. (Image credit: Wharfedale)
What Hi-Fi? Awards 2022 winner. Refined, entertaining and affordable floorstanders.

Specifications

Type: Floorstanders
Drive units: 25mm tweeter, 2x 13cm mid/bass
Ported: Yes (rear)
Bi-wire: Yes
Impedance: 8 ohms
Sensitivity: 89dB
Dimensions (hwd): 97.5 x 18 x 34.8cm
Weight: 19.6kg
Finishes: 3 (light oak, black oak, walnut pearl)

Reasons to buy

+
Superbly balanced presentation
+
Expressive and revealing midrange
+
Pleasing build and finish

Reasons to avoid

-
Perform best if given a little room to breathe

The Wharfedale Diamond range of speakers has an almost unrivalled reputation, predominantly forged on the performance of the standmount speakers. But now, thanks to the the Diamond 12.3, we have a superb entry in the range in floorstanding form. We think they're the best cheap speakers you can buy if you want a pair of tower speakers.

Smartly finished, these speakers are available in black, walnut, white and a rather classy light oak. They are a 2.5-way design where the upper 13cm driver covers everything from midrange downwards, leaving the second one to reinforce the lows. The tweeter is the 25mm coated woven polyester soft dome model seen across the range.

We found they performed best around 50cm away from a wall and with a slight angle but they're pretty unfussy and will play nicely with any price-compatible amplifier. They deliver a lovely layered sound that’s brimming with detail and dynamic nuance, with refined high frequencies and a sophisticated presentation.

Working well at low and high volume, you really shouldn't buy another pair of speakers at this size and price without hearing the Diamond 12.3 speakers.

Read the full review: Wharfedale Diamond 12.3

Bowers & Wilkins 607 S2 Anniversary Edition lifestyle

Proof that small upgrades make a big impact, these B&W speakers sound even more insightful than before. (Image credit: Bowers & Wilkins)
What Hi-Fi? Awards 2022 winner. Small upgrades, but still a great performance from these budget B&W speakers.

Specifications

Type: Standmounters
Drive units: 25mm tweeter, 13cm mid/bass
Ported: Yes (rear)
Bi-wire: Yes
Impedance: 8 ohms
Sensitivity: 84dB
Dimensions (hwd): 30 x 16.5 x 20.7cm
Weight: 4.7kg
Finishes: 3 (black, white, oak)

Reasons to buy

+
Improved clarity and detail
+
More expressive than predecessors
+
Tighter, more agile bass

Reasons to avoid

-
New 607 S3 model is a step up in clarity, dynamics and refinement (but is pricier)

If you’re looking for a pair of lower-midrange speakers and the B&W 606 S2 are just out of your budget range, then these are a superb option.

On the face of it, the changes that have been made in the transition from the 607 standmounts to these 607 S2 Anniversary Edition versions might appear minimal. Nevertheless, they're are a huge step forward – and the best bookshelf speakers we’ve heard at this price.

Aesthetically, these 30cm-tall speakers remain dominated by the 13cm silver Continuum drive units. Placed above them is still the same 25mm decoupled dome tweeter, too. The change, however, lies in the improved bypass capacitors that have been used across the Anniversary series.

Sonically, there is no great difference in character, dealing out a performance with immense gusto. This is a cleaner, more insightful and overall more engaging performance, though, from a pair of speakers that were already among the best you could buy for their outlay.

There is now a brand new model – the B&W 607 S3 – that replaces these speakers, but they're a fair bit pricier at $900 / £599 / AU$1149. The new S3 model improves even further when it comes to clarity, insight, refinement and openness, and they sound a whole lot more fun, too. If you can stretch your budget further, we'd point you towards the new 607 S3 speakers easily. But if you're on a strict budget, the 607 S2 speakers, which are currently on some decent discounts, are still a firm recommendation.

Read the full review: Bowers & Wilkins 607 S2 Anniversary Edition

Best floorstanding speakers: Fyne Audio F302i

Very affordable, very talented – these updated Fyne speakers have plenty of appeal. (Image credit: Fyne Audio)
Technical upgrades results in a more refined, expressive sound from these floorstanders.

Specifications

Type: Floorstanders
Drive units: 25mm tweeter, 15cm mid/bass
Ported: Yes (rear)
Bi-wire: No
Impedance: 8 ohms
Sensitivity: 90dB
Dimensions (hwd): 93.2 x 23.3 x 30.8cm
Weight: 13.3kg
Finishes: 3 (black ash, light oak, walnut)

Reasons to buy

+
More refined presentation than F302
+
Cohesive and musical performance
+
Expressive dynamics

Reasons to avoid

-
Plastic plinth could feel classier
-
Rivals have a more sophisticated treble

The F302i is the successor to the Award-winning F302, a fantastic speaker in its own right. However, not content with its performance, Fyne Audio has attempted to improve it with the F302i. The main difference is that the newer model sports a titanium dome tweeter instead of a polyester one, but there have also been tweaks to the tweeter housing and crossover.

The F302i is still a two-way rear-ported design and the speakers are still nicely built for the money (we tested them at £500 / $745 / AU$1195). They're flexible when it comes to equipment and positioning as long as you don't stuff them into a corner or put them right up against the wall. Toe the speakers in a bit and you get a focused and stable stereo image.

Sonically, the F302i deliver a taut musical performance, that's direct and entertaining. The tweeter sounds smoother and more refined than the old model and there's a pleasing amount of nicely integrated bass. There's also plenty of detail to enjoy. If you're looking for affordable floorstanders that sound great, we highly suggest you give them a listen.

Read the full Fyne Audio F302i review

Dali Oberon 1 C

Perfect for small spaces, these tiny Dalis are bold, expressive and enthusiastic performers. (Image credit: Dali )
High-quality small speakers with an unfussy nature.

Specifications

Type: Standmounters
Drive units: 29mm tweeter, 13cm mid/bass
Ported: Yes (rear)
Bi-wire: No
Impedance: 6 ohms
Sensitivity : 86dB
Dimensions (hwd): 27.4 x 16.2 x 23.4cm
Weight: 4.2kg
Finishes: 4 (white, black, light oak, dark walnut)

Reasons to buy

+
Bold and articulate sound
+
Excellent with voices
+
Fine build

Reasons to avoid

-
Limited bass depth
-
Lack a little authority

About the size of a shoebox, these Dalis keep strictly to convention as far as design is concerned; they are a two-way, rear ported design, just like all their closest rivals. And to look at, you might think they're nothing special. But you couldn't be more wrong.

For they're actually quite exceptional. They're wonderfully articulate performers that marry a bold, forthright nature with the kind of refinement and insight that’s rare at this level. They're particularly stunning with vocals, delivering them in a solid and expressive manner that really enhances the listening experience. You'd need to spend around three times as much to better the vocal performance – it really is that good.

Admittedly some rivals are able to dig up a tad more detail, but few deliver it with such a sense of passion and enthusiasm.

Tonally they tread a fine line, with a smooth treble that's not short of bite. And the full-bodied presentation always sounds impressively confident and composed, no matter what it has on its plate. Although be aware that speakers this small are never going to produce loads of bass.

Read the full Dali Oberon 1 review

Wharfedale Diamond 12.1 black background

Easy-going but authoritative and dynamic performance from these compact speakers. (Image credit: Wharfedale)
Surprisingly sophisticated stereo speakers for their size.

Specifications

Type: Standmounters
Drive units: 25mm tweeter, 13cm mid/bass
Ported: Yes (rear)
Bi-wire: No
Impedance: 8 ohms
Sensitivity: 88dB
Dimensions (hwd): 31.2 x 18 x 27.8cm
Weight: 6.8kg
Finishes: 3 (light oak, black oak, walnut pearl)

Reasons to buy

+
Detailed but easy-going nature
+
Seamless and fluid midrange
+
Pleasing build and finish

Reasons to avoid

-
Tough competition from new rivals

Pretty much everything here is new for this generation of Diamonds, from the drive units to the cabinet construction. It's a neat and compact box – standing just 31cm tall, it won’t dominate any room. The polypropylene/mica composite 'Klarity' mid/bass cone is tuned by a rear-firing reflex port, rather than the elaborate downward facing design used in previous models.

Tonally they’re smooth and forgiving but remain nicely balanced, with enough in the way of bite. They have a surprisingly bold and full-bodied presentation and sound confident and composed in a way that evades most budget rivals, and top that with a good degree of refinement. They deliver more authority and scale than their modest price and size suggest too.

Lastly, they're good and flexible no matter their task. They sound balanced wherever placed and are both forgiving and transparent enough whether used as part of a micro system or put with dedicated separates – well worth your shortlist.

Read the full review: Wharfedale Diamond 12.1

Triangle Borea BR03 with stands

Elegant speakers with a nimble, musical and insightful presentation and a great sense of scale. (Image credit: Trianlge)
Offering impressive scale and sophistication, these speakers are serious alternative contenders.

Specifications

Drive units: 25mm tweeter, 16cm mid/bass
Ported: Yes (front)
Bi-wire: No
Impedance: 8 ohms
Sensitivity: 90dB
Dimensions (hwd): 38 x 20.6 x 31.4cm
Weight: 6.3kg
Finishes: 4 (black, white, light oak, walnut)

Reasons to buy

+
Sophisticated, detailed sound
+
Impressive sense of scale
+
High-quality, agile bass

Reasons to avoid

-
Aesthetic won’t be for everyone
-
Slight peakiness to treble

These speakers are very savvy musical performers with a great sense of scale and an even greater appetite for presenting music in a transparent and mature manner. There’s a nice tonal balance to the delivery, which is careful and considerate, and the Boreas also demonstrate an excellent sense of timing.

There's detail and insight across the frequency range and, given their size, plenty of weight to the bass too. Some might lust after a more musclebound delivery, but it’s the texture and quality that give the Triangles an edge. Think of them as a very nimble gymnast, as opposed to a meatheaded bodybuilder.

It’s not often we stumble across a pair of speakers at this price that sound as sophisticated as the Triangle Borea BR03. They look pretty punchy too, thanks to the contrasting colour of the mid-bass cone, the silver trim that runs through the driver’s surround, plus that eye-catching diffuser. And if the fronts look a bit crowded to you, just cover them up with the magnetic speaker grilles. Simple.

Read the full Triangle Borea BR03 review

How we test speakers

We have state-of-the-art testing facilities in London, Reading and Bath, where our team of experienced, in-house reviewers, test all of the speakers we review. 

What Hi-Fi? is all about comparative testing, listening to one set of speakers up against the next, to figure out exactly how they differ and what each one does best. We keep class-leading products in our stockrooms so we can compare new products to ones we know and love.

We are always impartial and do our best to make sure we're hearing every product - including budget speakers - at their very best. So we'll use different partnering products, experiment with speaker positioning, try plenty of different types of music, and give them plenty of listening time (and time to run in).

All review verdicts are agreed upon by the team as a whole rather than an individual reviewer to eliminate any personal preference and to make sure we're being as thorough as possible. There's no input from PR companies or our sales team when it comes to the verdict, with What Hi-Fi? having decades of delivering honest, unbiased reviews.

You can read more about how we test and review products on What Hi-Fi? here.

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Joe Cox
Content Director

Joe is Content Director for T3 and What Hi-Fi?, having previously been the Global Editor-in-Chief of What Hi-Fi?. He has worked on What Hi-Fi? across the print magazine and website for more than 15 years, writing news, reviews and features on everything from turntables to TVs, headphones to hi-fi separates. He has covered product launch events across the world, from Apple to Technics, Sony and Samsung; reported from CES, the Bristol Show, and Munich High End for many years; and written for sites such as the BBC, Stuff, and the Guardian. In his spare time, he enjoys expanding his vinyl collection and cycling (not at the same time).

With contributions from