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A good, solid, reliable knife is an essential part of any kitchen. Buying cheap knives might feel economical, but you will have to replace them more frequently, so they are actually more expensive in the long run. Expect to spend between $50 and $100 for a good quality entry-level knife that you can keep for years and years. On the other hand, don't blow your budget on expensive knives if you don't need too. Wait and see how your cooking skills and passions develop, and if after a time you really think you need a better knife, upgrade.