Our camera of choice: After looking at an extensive list of budget point and shoot cameras, we have concluded that the best camera for under 500 dollars is Panasonic Lumix DC-ZS70.
For the price of less than $500, it offers an impressive set of features that enable it to take high-quality photos. Its price is very affordable compared to its counterparts with similar features.

Note: Below you can find a comparison table and a detailed description of our selected cameras.

If you want to read about our budget point and shoot camera of choice for under 500 dollars, click here.

ALL-ROUND Choice TOP-END Choice
Panasonic Lumix DC-FZ80 Panasonic Lumix DC-ZS70 Canon PowerShot SX740 HS Nikon Coolpix A1000 Panasonic Lumix DC-LX100 II










Total megapixels 18.9 21.1 21.1 16.79 21.77
Sensor size 1/2.3″ (~ 6.16 x 4.62 mm) 1/2.3″ (~ 6.16 x 4.62 mm) 1/2.3″ (~ 6.16 x 4.62 mm) 1/2.3″ (~ 6.16 x 4.62 mm) Four Thirds (17.3 x 13 mm)
Max. image resolution 4896 x 3672 5184 x 3888 5184 x 3888 4608 x 3456 4736 x 3552
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What is the Best budget point and shoot Camera for under 500 dollars?

Panasonic Lumix DC-FZ80

Panasonic Lumix DC-FZ80 is One of the Best Cameras for  under 500.


Product description

Panasonic Lumix DC-FZ80 is a budget choice on our list of best budget point and shoot cameras for under 500 dollars. Indeed, you won’t be getting some of the features that you get with pricier models on this list. But at this price point, the performance is just amazing. Additionally, the camera is super easy and fun to use.

This camera has 18.1 megapixels that will result in crystal clear photos. It has a standard sensor size of 1/2.3″ (~ 6.16 x 4.62 mm) with a great resolution of 4906 x 3689. It also has an impressive peak resolution with the 4896 x 3672 image. It has an ISO range going from 80.0 to 3200.0. Exposure compensation is ±5 EV (in 1/3 EV steps). The Lumix DC-FZ80 also has an excellent shutter speed range going from 4 sec to an impressive 1/2000 sec. This gives you a lot of control and flexibility to get the perfect lighting. The viewfinder is Electronic.

It’s a lot of fun to work with and it takes high-quality photos. Many characteristics are very similar to previous Panasonic models, which is useful to those of you who are familiar with this sort of camera. It would not only fit well as your main budget point and shoot camera for under 500 dollars, but also in other scenarios.

As you would expect, the camera supports the manual focus option to give you even more control over your shots. The camera’s shutter speed goes from 4 sec to an excellent 1/2000 sec. You will appreciate the extra control over the lighting this feature will give you on your photos. The screen is a standard size of 3in with 1,040,000 dots resolution. For connection to PC and file transfer, USB 2.0 (480 Mbit/sec) is supported. If you want to share your latest shots with friends or family, the Lumix DC-FZ80 has got you covered. It features an HDMI port, so you will be able to connect it to your TV or monitor and display your work in front of the audience. If you are like us and don’t like to search for cables all the time, you will be pleased to hear this camera also has built-in WiFi. Transferring or accessing your file on your home network will be easier than ever. With 616.0 g, Lumix DC-FZ80 is the heaviest camera on our list. You should take this into account if you are moving around a lot with your camera. For some, it might get a little heavy over time.

From the features we’ve listed, you can see that it provides a lot of value. Therefore, Lumix DC-FZ80 will not disappoint those looking for a budget-friendly choice. Let it be moving or still objects, the camera is performing great.

PROS
  • 6.16 x 4.62 mm
  • Wireless: yes
  • Manual focus: yes
  • Max. image resolution: 4896 x 3672
CONS
  • GPS: no

Panasonic Lumix DC-ZS70 is One of the Best Cameras for  under 500.


Product description

We are still in the affordable camera range with our next pick, Panasonic Lumix DC-ZS70. What makes this budget point and shoot camera an excellent choice, is its built quality and outstanding performance in its price range. You will be getting tons of useful features that are intuitive and easy to use. So you won’t miss your perfect shot in any situation.

The camera has the highest amount of megapixels out of all cameras on our list. It is rocking a stunning 20.3 CMOS sensor. It has a standard sensor size of 1/2.3″ (~ 6.16 x 4.62 mm) with a sensor resolution of 5196 x 3907, which is the highest on this list. It is important to note that it still stands out in the area of high image resolution, which is 5184 x 3888. ISO range on this camera stretches from 80.0 to 3200.0. Exposure compensation is ±5 EV (in 1/3 EV steps). The camera’s shutter speed goes from 4 sec to a great 1/2000 sec. This means that you will have a lot of control and flexibility over the lighting for your under 500 masterpieces. The viewfinder is Electronic.

The Lumix DC-ZS70 appears to be the latest choice for those looking for an entry-level camera that can do something. It’s going to work incredibly well with motion photography, still photography, and others. You name it, Lumix DC-ZS70 is going to succeed. Panasonic has achieved creating one of the best combinations of output, quality, and value in the compact camera market.

It is worth mentioning that Lumix DC-ZS70 comes with a manual focus option as well. The camera’s shutter speed goes from 4 sec to an impressive 1/2000 sec. This gives you a lot of control and flexibility to get the perfect lighting. The screen is a standard size of 3in with 1,040,000 dots resolution. For connection to PC and file transfer, USB 2.0 (480 Mbit/sec) is supported. An HDMI port comes integrated with almost any modern-day camera, and Lumix DC-ZS70 is no exception. Connect the cable and plug your camera into a TV or projector and let your audience enjoy your work on the big screen. If you are like us and don’t like to search for cables all the time, you will be pleased to hear this camera also has built-in WiFi. Transferring or accessing your file on your home network will be easier than ever. Panasonic Lumix DC-ZS70 has a pretty average weight of 322.0 g. It is not the lightest nor the heaviest camera on our list. We think it has a very good balance and a great weight for most photographers for their primary camera.

After listing all of its characteristics, there is no doubt that Panasonic Lumix DC-ZS70 is a fine piece of modern technology. Combining both lightweight and durable housing with an outstanding range of features is the reason why this camera is one of the best when it comes to under 500. And not just that. It’s going to handle itself in any case. In comparison, the price is still very appealing.

The second most inexpensive camera on our list is Panasonic Lumix DC-ZS70. It sure is a steal, given all the functionality it has to deliver at this price point. This is our suggested budget point and shoot camera for under 500.

PROS
  • Screen resolution: 1,040,000 dots
  • Max. image resolution: 5184 x 3888
  • Wireless: yes
CONS
  • External flash: no

Canon PowerShot SX740 HS

Canon PowerShot SX740 HS is One of the Best Cameras for  under 500.


Product description

Canon PowerShot SX740 HS is sitting right in the middle of our price range. It offers many excellent features and outstanding performance. For this reason, it may be the optimal choice for anybody, who is not willing to reach for premium high-end models but still want excellent performance and quality.

This camera is truly a powerhouse rocking a 20.3 sensor. Which is also the highest megapixel count out of all cameras on our list. It has a standard sensor size of 1/2.3″ (~ 6.16 x 4.62 mm) with a sensor resolution of 5196 x 3907, which is the highest on this list. When it comes to maximum image resolution, with 5184 x 3888, this camera excels in this area. It also has a wide ISO range going from 100.0 to 3200.0. Exposure compensation is ±3 EV (in 1/3 EV steps). The shutter speed of this model stretches from 15 sec to a great 1/3200 sec. This means that you will have a lot of control and flexibility over the lighting for your under 500 masterpieces. The viewfinder is None.

As you can see, PowerShot SX740 HS is an excellent mid-price range camera. You can immediately notice that the camera is high-quality. The housing is protected with several different seals that protect the camera against water and dust. The handle is perfectly shaped, so you will have no problem holding the camera in one hand, even when you have a big lens attached.

It is worth mentioning that PowerShot SX740 HS comes with a manual focus option as well. The PowerShot SX740 HS also has an excellent shutter speed range going from 15 sec to a great 1/3200 sec. This means that you will have a lot of control and flexibility over the lighting for your under 500 masterpieces. The screen is a standard size of 3in with 921,600 dots resolution. For connection to PC and file transfer, USB 2.0 (480 Mbit/sec) is supported. If you want to share your latest shots with friends or family, the PowerShot SX740 HS has got you covered. It features an HDMI port, so you will be able to connect it to your TV or monitor and display your work in front of the audience. As you would expect from a high-quality camera, it comes with WiFi support. Transferring your work over your home network will be a breeze. Canon PowerShot SX740 HS is the lightest camera on our list, weighing only 299.0 g. If you are here for a light camera to easily carry it around, PowerShot SX740 HS might be the one for you.

The specs on this mid-range model are excellent. A well-deserved spot among the best budget point and shoot cameras for under 500 dollars. The PowerShot SX740 HS is flexible and is also perfect for action shots or still photos. Canon PowerShot SX740 HS manages to blend a fair price with superior specifications, usability, and real-life efficiency.

PROS
  • Sensor resolution: 5196 x 3907
  • 6.16 x 4.62 mm
  • Exposure Compensation: ±3 EV (in 1/3 EV steps)
CONS
  • GPS: no

Nikon Coolpix A1000

Nikon Coolpix A1000 is One of the Best Cameras for  under 500.


Product description

Nikon has done an excellent job with the Coolpix A1000. Yes, it is pretty pricey, but the extra features you are getting are well worth it. Coolpix A1000 is comfortable to hold and handles well even with one arm. Buttons are well placed and easy to reach. For under 500 dollars, it is one the best choices you can make.

You don’t have to worry, even though this camera has the lowest number of megapixels (16.0) on our list of recommended cameras. As the standard of photos is always excellent, you can hardly find any shortage of it. It has a standard sensor size of 1/2.3″ (~ 6.16 x 4.62 mm) with a good sensor resolution of 4612 x 3468. It has a solid image resolution of 4608 x 3456. It also has a wide ISO range going from 100.0 to 6400.0. Exposure compensation is ±3 EV (in 1/3 EV steps). The shutter speed of this model stretches from 8 sec to a great 1/4000 sec. You will appreciate the extra control over the lighting this feature will give you on your photos. The viewfinder is Electronic.

It’s one of the best all-around cameras you can find right now. A superbly fast computer that takes full advantage of the advanced lens mount to produce fast autofocus lightning. Not to mention the remarkable contact between the camera and the lens. Nikon Coolpix A1000‘s location on the list of the best cameras under 500 is certainly well earned.

One drawback of Coolpix A1000 is that it does not support manual focus. The camera’s shutter speed goes from 8 sec to an excellent 1/4000 sec. This means that you will have a lot of control and flexibility over the lighting for your under 500 masterpieces. The screen is a standard size of 3in with 1,036,000 dots resolution. For connection to PC and file transfer, USB 2.0 (480 Mbit/sec) is supported. An HDMI port comes integrated with almost any modern-day camera, and Coolpix A1000 is no exception. Connect the cable and plug your camera into a TV or projector and let your audience enjoy your work on the big screen. If you are like us and don’t like to search for cables all the time, you will be pleased to hear this camera also has built-in WiFi. Transferring or accessing your file on your home network will be easier than ever. Regarding the weight, with 330.0 g Coolpix A1000 sits somewhere in the middle of our list. The weight should feel comfortable for most people to hold in hand even for extended periods.

Remember when sometimes you buy something expensive in life, and it does not meet your expectations? Well, for sure, that won’t happen with Nikon Coolpix A1000. It is one of the more premium cameras on our list by price, but also by performance. From the specs we have listed, it is easy to see why this camera is on our budget list under 500 dollars.

PROS
  • Sensor resolution: 4612 x 3468
  • Wireless: yes
  • Screen resolution: 1,036,000 dots
CONS
  • GPS: no

Panasonic Lumix DC-LX100 II is One of the Best budget point and shoot Cameras for under 500 dollars.


Product description

Lumix DC-LX100 II is Panasonic‘s more high-end model aimed toward more demanding users. It goes well beyond the basics in features and produces excellent photo quality. It is the most premium camera on our list that will enable you to take the perfect shot in any situation. In the price range under 500 dollars, it is the best budget point and shoot camera.

This camera has 17.0 megapixels that will result in crystal clear photos. The sensor size of Four Thirds (17.3 x 13 mm) is higher than other cameras on this list with a great resolution of 4755 x 3575. It also has an excellent max image resolution of 4736 x 3552. ISO range on this camera is the best on this list, going from 200.0 to 25600.0. Exposure compensation is ±5 EV (in 1/3 EV steps). The shutter speed of this model stretches from 60 sec to an impressive 1/16000 sec. This means that you will have a lot of control and flexibility over the lighting for your under 500 masterpieces. The viewfinder is Electronic.

Panasonic Lumix DC-LX100 II is still the big dog in the field of compact cameras. Unchallenged by some other models when you think how many things you’re going to get right. Normally, such cameras are designed to succeed in one region, such as speed or resolution. As in both of them, the Lumix DC-LX100 II delivers.

As you would expect, the camera supports the manual focus option to give you even more control over your shots. The shutter speed of this model stretches from 60 sec to a great 1/16000 sec. This will give you great control and flexibility to get the perfect lighting. The screen is a standard size of 3in with 1,240,000 dots resolution. For connection to PC and file transfer, USB 2.0 (480 Mbit/sec) is supported. Panasonic Lumix DC-LX100 II comes with an integrated HDMI port that will allow sharing your latest photos on your TV or monitor. Your friends or family can enjoy your work from the comfort of the sofa. As you would expect from a high-quality camera, it comes with WiFi support. Transferring your work over your home network will be a breeze. Panasonic Lumix DC-LX100 II has a pretty average weight of 392.0 g. It is not the lightest nor the heaviest camera on our list. We think it has a very good balance and a great weight for most photographers for their primary camera.

For those looking for the top of the top and are willing to pay the extra money, Lumix DC-LX100 II is the perfect option. It’s one of the best performing budget point and shoot cameras for under 500 dollars. It’s a camera for professional photography, not just standard photography.

If you are an experienced user seeking the best of the best, this camera will undoubtedly meet your expectations. Panasonic Lumix DC-LX100 II will help you take the quality of your photos to the next level. Lumix DC-LX100 II is our recommended pick for the best budget point and shoot camera for under 500 dollars.

PROS
  • Sensor size: Four Thirds (17.3 x 13 mm)
  • Exposure Compensation: ±5 EV (in 1/3 EV steps)
  • Megapixels: 17.0
CONS
  • GPS: no

Conclusion

What to remember when selecting best budget point and shoot camera for under 500 dollars?

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