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Best Generator under $500 [Top Picks] Updated 2022

Are you facing a power outage issue and worried about the high electricity bills? Then you have come to the right place. Here we will give you the solution to your problem in the form of the best generator under $500.

By investing in any of these budget friendly power generators, you will be able to save money on your electricity bills and get rid of the problem of a power outage.

So, if you are looking for an affordable, reliable, and environment-friendly power solution, then the best inverter generator under $500 is the best option for you. Look no further than the best generator for under $500!

These babies are built to last and provide you with the power you need without breaking the bank. So why wait?

We have researched and enlisted the best ones for you. Go through the list and choose the one that meets your requirements. Let’s take a look at the top 5 best portable generators under $500 in 2022:

Best Generator under $500: At A Glance

PowerSmart PS5020: Best Inverter Generator under $500
Champion 100692: Best Dual Fuel Generator under $500
DuroMax XP4400E: Best Home Generator under $500
WEN 56200i: Best Generator under $500
Westinghouse iGen2200: Best Quiet Generator under $500

PowerSmart PS5020

Best Pick of the Best CPU Cooler

powersmart ps5020
(Image Credit: Amazon) PowerSmart ps5020

The Powersmart PS5020 is a lightweight and convenient inverter generator perfect for charging laptops, mini-coolers, drones, and other outdoor electronics. This PS5020 can provide 2500 watts of surge power and 1900 watts of rated power.

It weighs only 40.3 pounds and has a size of 20.9×13.8×19.9in, making it one of the lightest inverter generators in the industry.

Its 1.05-gallon fuel tank with an oil capacity of 16.9 fl. oz makes it one of the longest-lasting generators in its class.

Powersmart PS5020 is an extremely quiet generator with a noise level of only 53 dB from 23 feet with a muffler design that reduces noise levels significantly. It has a powerful 79 cc, 4-stroke gasoline engine with an OHV horizontal bar design and forced air cooling system.

This generator is also parallel capable, meaning you can combine it with another identical unit to double your output power and increase available wattage and amperage.

The Powersmart PS5020 comes with a 2-year warranty and has a dedicated service team that guarantees the quality of the product.

If you are looking for a powerful and reliable inverter generator that is also extremely quiet, then the Powersmart PS5020 is perfect.


Champion 100692

Best Dual Fuel Generator under $500

champion 100692
(Image Credit: Amazon) Champion 100692

Champion’s 100692 generator is a great choice for camping, tailgating, air streaming, powering items around the RV, or providing backup for essential items. Its dual fuel generator, runs on gasoline and propane.

The 79cc Champion engine produces 2000 starting watts and 1700 running watts. When the 1.05-gallon tank of gasoline is complete, this inverter can run up to 11.5 hours on gasoline. It runs up to 34 hours on propane (20 pound tank).

Its ultralight 39lb weight makes it one of the lightest portable generator on the market. Thanks to Champion’s innovative design, power on the go has never been easier. The 100692 has a reliable recoil start and cold start technology for quick start in cold weather.

It also includes 2 covered 120V 20A household outlets (5-20R) and 1 covered 12V DC automotive-style outlet. This generator operates at 53 dBA from 23 feet about the same noise level as a dishwasher running in the next room.

This Parallel ready inverter can be connected with another Champion 2000-watt inverter for 30 amps of power. An optional clip-on parallel kit (not included) allows for the integration of two inverters, plus the kit has a standard 30A RV outlet and a 120V 30A locking outlet.

Sensitive electronics can be confidently connected since this inverter produces clean power (<3% THD). It is also designed for safety with a low oil shut-off sensor and 0.5-quart oil capacity.

Champion’s inverter technology includes smart economy mode, which can reduce the electrical load, providing quieter operation, extended engine life, and better fuel economy.

The 100692 is fully assembled with a hassle-free setup. The built-in carrying handle makes transport a cinch.

It is also EPA certified and CARB compliant. Champion Support and our nationwide network of service centres will back up your purchase with a 3-year warranty and free lifetime technical support.


DuroMax XP4400E

Best Home Generator under $500

duromax xp4400e generator
(Image Credit: Amazon) DuroMax XP4400E

The DuroMax XP4400E is a powerful generator that provides plenty of power for a variety of applications. It has a robust 4,400-watt starting capacity and 3,500-watt running power, making it ideal for heavy loads like lights, refrigerators, air conditioners, and high-amperage power tools.

It also features MX2 Technology, which allows you to get the maximum power from each of the 120-volt receptacles, and a low oil shutoff that protects your investment by automatically shutting the generator off when it senses that the oil is low.

Its run time is 10 hours on 50% load, so you can easily use it throughout the day without having to worry about refuelling.

It comes with (2) 120 V household GFCI outlets, (1) 120/240 V and 30A twist lock outlet, making it easy to connect a wide variety of devices and power tools.

Additionally, the generator is equipped with a voltmeter for monitoring battery levels and a 12V DC charging post for hooking up external batteries.

Its CARB & EPA compliant design makes it safe for use in all 50 states, and its durable construction ensures that it will last for years to come. When you need a reliable source of power, the DuroMax XP4400E is the perfect choice.

Overall, Whether you need a generator for home backup power or for work applications, the DuroMax XP4400E is a great option.


WEN 56200i

Best Generator under $500

wen 56200i 2000 watt generator super quite
(Image Credit: Amazon) WEN 56200i

The WEN 56200i is a powerful and efficient inverter generator that is perfect for use in a wide variety of situations. It can easily handle the most demanding tasks with 2000 surge watts and 1600 rated watts of power.

The 79.7 cc 4-stroke OHV engine operates at an extremely quiet 51db at quarter load, making it perfect for use in areas where noise is a concern.

Additionally, this genset is designed to mirror a pure sine wave, limiting total harmonic distortion to under 1.2% at full load.

This makes it safe for use with sensitive electronics such as laptops, cell-phones, and tablets. The lightweight design and included carrying handle make the WEN 56200i easy to transport and portable.

At the same time, the ultra-efficient 1-gallon tank provides up to 6 hours of run time at 50% load. The fully-packed control panel has (2) 3-prong 120V receptacles, (1) 12V DC receptacle, and (1) 5V USB port.

However, its eco mode throttle feature allows the engine to automatically adjust its fuel consumption based on the load, ensuring that you are not wasting gasoline.

he WEN 56200i also features a low-oil and low-fuel automatic shutdown with indication lights and overload protection to safeguard both the generator and your electronics from damage.

Its parallel ready design allows you to easily link up two generators using a WEN 56421 parallel connection kit (sold separately) to share wattage amongst multiple units. It is includes a 2-year warranty.

If you are looking for a reliable and powerful inverter generator that can handle many demanding tasks. Then WEN 56200i is perfect for camping, tailgating, restoring backup power, hunting, and more.


Westinghouse iGen2200

Best Quiet Generator under $500

westinghouse igen2200 super quiets
(Image Credit: Amazon) Westinghouse iGen2200

The Westinghouse iGen2200 Portable Inverter Generator is a great choice for anyone needing an emergency backup or recreational use.

Its peak watts of 2,200 and running watts of 1,800 make it powerful enough to run a wide range of appliances and devices.

iGen2200 is extremely fuel-efficient and produces clean, stable power that is safe for sensitive electronics like plasma/LCD televisions and mobile devices.

The iGen2200 can simultaneously power most refrigerators and large appliances as well as any home necessities you may need while travelling. This genset is powered by a 4-Stroke OHV Westinghouse engine, this generator is engineered to automatically adjust its engine speed to produce only the power you need.

This generator is lightweight and convenient to transport at just 46 lbs weight and with a built-in carrying handle. It can run for up to 12 hours on a single 1.2-gallon tank, making it an efficient choice for any situation.

The iGen2200 features an ultra-low tone for community-friendly use, operating as quietly as 52 dBA.

Its parallel capability also makes it easy to increase its power and capacity by connecting it with another Westinghouse inverter generator.

And with built-in safety features like low oil shutdown and overload protection, you can feel confident using this generator for all your needs.

Backed by 3-year warranty of services, labour, and parts coverage with lifetime technical support, the Westinghouse iGen2200 portable inverter generator is an excellent choice for anyone needing a reliable generator.


Buying Guide

There are a few things to keep in mind when shopping for a portable generator.

First, you’ll need to decide what type of fuel generator you want to use. Gasoline, propane, and diesel are all common choices. Each has its own pros and cons, so be sure to do your research before deciding.

Next, you’ll need to consider how much power you’ll need. If you’re only using it to run some lights and a small appliance or two, then a smaller generator will likely be enough.

However, suppose you want to use the generator for more heavy-duty jobs like running your air conditioner in the summer heat. In that case, you’ll need a bigger and more powerful generator.

Finally, you must think about portability and ease of use. High end generators will often be quieter and more lightweight than their budget counterparts, making them easier to move around and store when not in use.

They may also come with features like wheels or carry handles that make it even easier to transport them.

While buying a generator, must keep these things in mind, and you’ll be sure to find the perfect portable generator for your needs.


FAQs: Best Generator under $500

What are some of the features that I should look for in a portable generator?

Some of the features that you may look for in a portable generator are weight, portability, noise level, fuel type, running hours, an automatic shut-off feature, low-oil shutdown, and circuit breakers. You may also want to consider a quiet generator with a long run time.

What are the best inverter generators under $500?

There is no single best generator under $500, as different generators may suit different needs and budgets. Some factors that you should consider when choosing a generator include the size, power output, features of the generator, your budget, and how often you plan to use it.

Some popular options for affordable generators include portable generators from brands like Briggs & Stratton and Champion, online retailers like Amazon or Home Depot.

How much does a portable generator cost?

Portable generators can range from around $200 to over $1,000. The price will depend on factors such as the size, power output, and generator features.

How do I care for my under $500 portable generator?

To keep your portable generator in good working condition, you should regularly clean it and maintain it. It would be best to store it in a dry and well-ventilated area when not in use.

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