Gone are the days where you need to fork over the price of a decent pre-owned car for your hearing aids. With changes in regulation and technology, you can get hearing aids for a few hundred dollars instead of a few thousand dollars. The best of these non-prescription hearing aids are naturally more expensive, but if you’re willing to compromise on some features, you can find great hearing aids under $400.
Also in this series: the best hearing aids under $300
In this comparison article, I’ll discuss the best hearing aids that cost less than $400 a pair. Each of these offer a good find that doesn’t give you the latest and fanciest technologies, but you never compromise on quality in this price category.
To keep things simple, I have created a shortlist of three devices. These devices have clear differences and all stand out in one way or another. Every device is briefly reviewed, but you can get more in depth with the full review. Lastly, please note that prices are up to date as of August 2022, but they tend to regularly change.
Disclaimer: links to other websites might be affiliate links. This means I receive a commission when you buy something on these websites. This does not affect my reviews or the price you pay.
Quick overview
| Model | Key Feature | Hearing Loss | Price | Note |
| Neosonic B20 | Rechargeable case | Moderate-severe | Check | Best overall |
| Otofonix Elite | Proven model | Mild-moderate | Check | |
| MDHearing Volt+ | Reputable company | Mild-moderate | Check |
Short review for the Neosonic B20
The Neosonic B20 is the newest and best hearing aid under $400. Compared to the Neosonic B10, its little brother in a lower price category, the B20 offers a receiver-in-canal configuration that makes sound clearer. Other than that, it has all the same advantages: a sleek travel case that charges the device, up-to-date technology to filter sounds, and three listening programs. To find out more, read the full Neosonic B20 review.
Short review for the Otofonix Elite
About two years ago, the Otofonix Elite was the cream of the crop. Around $700 would buy you the latest technology and amazing sound quality. That technology has evolved, but the Elite still offers a great deal. Because Otofonix has adjusted the price of the Elite, it remains competitive. Is it still the amazing device that it was a few years ago? No. But it does have a lot to offer for a good price. Learn more about this hearing aid in the Otofonix Elite review.
Short review for the MDHearing Volt+
The MDHearing Volt+ is the middle child of the MDHearing company. It’s as if its bigger brother, the MDHearing VOLT MAX, went to Harvard and then excelled in sports, too. Even I’m enamored with the VOLT MAX. But I guess the normal VOLT+ is worth buying, too. Yes, you miss out on the latest technologies, but the company has been around for a long time and excels in customer support. For the Volt, too, you would have been paying around $800 as little as two years ago. Read the full MDHearing Volt review here.
A guide to buying a hearing aid for less than $400
Finding the best hearing aid under $400 gives you two options: a bare-bones solid hearing aid (the B20) or an older model that’s been adjusted in price to reflect changes in the market. You can’t really go wrong here, but the extra features in higher-priced models might be worth a go.
The bare bones in the $400 price category means that you can’t control these devices from your phone, and you can’t adjust how the listening programs sound. Other features that are now commonplace, such as dual microphones, will enhance your listening experience even more.
Alternatives for hearing aids in the $300-$400 price range
Curious to know more options? There are three logical alternatives to these best hearing aids under $400: going up in price level, going down in price level, or going straight for the best. One price level higher, at $500 per pair, you’ll find more features (app-controlled hearing aids, for example) and better sound technologies. Even higher you’ll find all features wrapped in one, for example with the MDHearing VOLT MAX or the Lexie B1.
For more compromises and a bigger steal, you’ve got a similar lineup for the best hearing aids under $300. Compared to these $400 hearing aids, those cheaper models are a bit older and you’ll start compromising on sound quality, too. For an overview of all hearing aids, read my article on the best hearing aids in 2023.
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