The great thing about buying presents for kids is that they usually don’t know how much something costs. Kids tend to have a limited comprehension of money, which can be both a good and bad thing. In the case of Christmas gifts, it is a good thing because as long as you get them something that excites their imagination, they won’t care if it cost $10 or $10,000.

They will never judge a present based on its perceived monetary value; they will judge them (and sometimes quite harshly) based on their actual value. Kids just want to have fun and learn new things.

If your gifts can accomplish those goals your kids will be happy. In this article we’ll review a few cheap Christmas toys for kids that will have them screeching with joy without bringing your finances to a screeching halt.


Transformers toys. These morphing robots took the world by storm back in the 1980s. They combine two things that most children (especially young boys) really love: robots and cars.

Thanks to the rebooted movie franchise based on the same characters, the toys are once again popular with the kids. You can buy the newer versions of the characters (made to play off the movie), or you can purchase the older, vintage toys.

Those are a bit more sturdy than the newer models, but in some cases will cost a bit more, depending on their quality and the popularity of the particular character.Christmas Toys

For example, a mint condition Bumblebee is likely to cost more than a somewhat shabby Dinobot.

Mr. Potato Head

Mr. Potato Head. One of the goofiest of all toys has shown remarkable staying power. Around since the 1950s, Mr. Potato Head, who started off as a bachelor, now has a wife, Mrs. Potato Head, and in some cases, an entire nuclear family.

There are even movies and a Nintendo Wii game that feature the Potato Head clan. The original model of the toy, which consists of a potato head, and various eyes, noses, mouths, and ears, is quite cheap and will offer your kids hours of fun.

If you have a Wii you can get them excited about the physical toy by pointing out that there is a game with Mr. Potato Head in it. (Beware, the Wii game is not on the list of cheap Christmas toys for kids, and if you bring it up to your child they may pressure you into buying it.)

Lego Set

Ultimate Lego Set. The last of our classic cheap Christmas toys for kids is the Lego ultimate building set, complete with 405 pieces. It has all the common building blocks, plus some of the more specialized pieces like wheels and “house elements” that let your child construct specific objects.

This is a great starter kit for a child because it will allow them to get their feet wet in the Lego universe without becoming overwhelmed.

These three toys have been around for decades and are still loved by kids (because they are fun) and by parents (because they are cheap Christmas toys for kids).