Enjoying a well-made cocktail doesn’t have to come with a hefty price tag. With a little creativity and a few versatile ingredients, you can shake, stir, and pour your way to great drinks that are just as affordable as they are delicious. Whether you’re hosting friends, winding down after work, or looking for something special for the weekend, these cocktails prove that budget-friendly can still mean full of flavor.

A classic gin and tonic is the ultimate example of simple and satisfying. With just two main ingredients, plus a squeeze of fresh lime if you have it, you get a crisp, refreshing drink that feels far more indulgent than its price tag suggests. If you’re new to mixing at home, this Gin and Tonic guide from Liquor.com is a perfect place to start.

Another affordable crowd-pleaser is the whiskey sour. Made with whiskey, lemon juice, and simple syrup, this cocktail balances sweet and tart flavors beautifully. You can even make your own simple syrup at home with just sugar and water, saving even more while mastering a foundational bar skill. Try this Whiskey Sour recipe from Bon Appétit.

For those who love something a little fruitier, a basic rum punch is both festive and inexpensive. Blend rum with fruit juices you already have in the fridge—orange, pineapple, and even cranberry work well. A splash of soda water can stretch the batch for larger gatherings. Check out this Rum Punch recipe from BBC Good Food for a tropical twist.

Margaritas are another excellent option for affordable entertaining. Tequila, lime juice, and triple sec create a zesty base, and you can skip the expensive pre-made mixes by using fresh ingredients. A pinch of salt on the rim adds a professional touch at home. For a reliable, no-fuss recipe, refer to AllRecipes’ Classic Margarita.

If you’re looking for something fizzy and refreshing, a spritz is your answer. Aperol spritzes are a summer favorite, but you can create variations with whatever citrus liqueur or bitter aperitif fits your budget. Combine it with sparkling wine and soda water for a refreshing, low-cost cocktail. Here’s a great Aperol Spritz recipe from The Kitchn.

Mojitos are surprisingly wallet-friendly, especially if you have fresh mint on hand or grow it yourself. Lime juice, sugar, mint, and rum come together for a bright, invigorating drink perfect for warm days. Explore this Mojito recipe from Simply Recipes.

For colder months, consider a warm hot toddy. A combination of whiskey, honey, lemon, and hot water makes this comforting drink a go-to for chilly evenings. It’s inexpensive and requires only pantry basics. Try this Hot Toddy recipe from Liquor.com.

A screwdriver keeps things simple and straightforward. Vodka and orange juice come together for a drink that’s as easy to make as it is affordable. Plus, you can elevate it with a splash of soda water or an orange twist for garnish. Here’s an easy Screwdriver recipe from The Spruce Eats.

If you’re in the mood for a bubbly cocktail, a mimosa is perfect for brunch or casual celebrations. Orange juice and sparkling wine are all you need, and it feels festive without requiring premium ingredients. For a few variations, check out this Mimosa recipe from Food Network.

Finally, for a low-cost cocktail that feels a little fancy, try a French 75. This blend of gin, lemon juice, sugar, and sparkling wine tastes elegant but can easily be made with budget-friendly ingredients. Learn how with this French 75 recipe from Liquor.com.

Affordable cocktails are about smart choices, not compromises. By keeping your home bar stocked with a few multipurpose spirits and everyday mixers, you can enjoy great drinks without overspending. Whether you’re toasting to something special or just unwinding at the end of the day, these cocktails prove that a good time is always within reach.