You're right, these devices can be very expensive. However, for a hobbyist doing the "usual" electronics stuff there is a point on the curve of dimishing marginal utility where spending more is no longer justified by the extra quality/functionality of the device. Of course, scientific research or product development is a different topic.
I usually try to buy from the "middle" segment because this seems to be the sweet spot regarding price, functionality, durability, and accuracy. Also I sometimes overshoot; I know that I not really need a multimeter like my Agilent 34401A with 0.004% accuracy but sometimes you just have to treat yourself

. Fortunately, I didn't have to buy any of this stuff for camera repair but had everything already available. Otherwise, I would have reconsidered entering this hobby.