A bicycle costs anywhere from $250-$9,000 depending what type and quality of bike you want. A utility bike from a department store might cost $300-$500, but experts caution that it will be quite a bit heavier and not as well constructed as other bikes. For a durable, lightweight bike with front-suspension and decent parts, it’s reasonable to pay $750-$1,200. You might be able to pay slightly less, but expect to need some repairs after several months of heavy use.

Over the years, I’ve come across plenty of articles that claim to tell you how to build up your cycling toolkit for cheap. Somehow the word “cheap” stops recurring in the long list of “essential” bike repair bits and pieces. The truth is, there is no real way to build a whole shop of tools all at once without plopping down a few hundred bucks. But in an attempt to show everyone that not all of us truly need a full complement of bike tools, I present the truest, most budget-conscious, and barest of bones options to you.

Writer Peter Flax, the former editor-in-chief of Bicycling magazine, rode over 1,000 miles and tested 15 tools for our full-length guide to multi-tools, and he concluded the Topeak Mini 9 is the best for casual cyclists. It’s tiny, it’s light, it’s easier to get some leverage with than other tools that have different designs. It’s not meant for serious wrenching on your bike, but it’s good for on-the-fly adjustments.

Whether you ride a single, 7, or 10 speed bike or anything in between, you will need a slightly different chain. The major difference is that they come in varying widths to accomodate the different spaces between the gears, but quality of construction is also a factor in choosing a chain. Inspecing the chain should be a part of your regular cycle maintenance procedure- It’s important to keep a chain well lubricated, but oil will also attract dirt and so different oils for specific riding conditions are available. Remember to clean your chain regularly to get the longest life out of it and the gears.
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