Toasters are an essential small kitchen appliance that rivals the popularity of coffee makers. The first pop-up toaster that toasted bread on both sides like the ones we’re most familiar with today was invented in 1921. They all work essentially the same but prices are all over the map. You can expect to pay as little as $20 or as much as $500. Studies tell us the only difference between a toaster costing $20 vs a toaster costing $500 is the more expensive one will tend to toast the bread more evenly and completely due to a higher quality design and construction. Hundreds of models, styles, capacities, materials, and colors are available and popular brands include Breville, Krups, Cuisinart, and KitchenAid.