What is the average cost of an Acoustic Guitar? Price Range of the Average Acoustic Guitar

Purchasing the right acoustic guitar is an important decision for any aspiring musician. The average cost of a decent quality acoustic guitar is $300. The price does not vary dramatically between nylon and steel strings. The price range for beginner instruments is between $200 and $400. More professional instruments can carry price tags from $500 up to $2,000 and sometimes more.