One of the key determinants of price is the type of drilling machine. There are various categories, including handheld drills, bench drills, and industrial drilling machines, each designed for specific applications. Handheld drills tend to be more affordable, aimed at DIY enthusiasts and small-scale projects, while industrial machines are more complex and expensive due to their robust capabilities and heavy-duty construction. For instance, a basic handheld drill can cost as little as $50, whereas specialized industrial drilling rigs can range from thousands to tens of thousands of dollars.
