Every electronic gadget has a certain range of prices starting from a lower range to a higher-end product. We cannot fool ourselves and buy a microphone which has got the price of a laptop. When we are talking about the microphone set, it should have a justified price as a microphone set only. The price and features should satisfy the user. This way, we can create a balance between the investment and the return without cheating on our savings or a good quality product. If you want a karaoke mic with decent quality (not extreme attention to sound) you don't have to invest in a great deal. It is only when you want to throw out a party or have a mini concert you have to give attention to vocals for recording while singing. Also, if that's the case, always keep some extra AA batteries with you as you never know when your wireless mic runs out of power.