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I don't know where you shop but DeWalt is cheaper than Milwaukee and Makita. Project Farm tests show Milwaukee as usually best but trades wins against Makita.
So no, DeWalt isn't overpriced. It's cheaper and less quality. Neither is Milwaukee equivalent to DeWalt. Milwaukee/Makita are better, sometimes incredibly better than DeWalt but at a much higher price.
For example a drill with battery on Amazon is:
DeWalt: $99 Makita: $149 Ryobi: $73 Milwaukee: $144
At Home Depot and Lowes, the price difference between DeWalt and Milwaukee is even bigger.
I want to see model numbers on those prices you're comparing.
Anything I go to an actual store, DeWalt is more then Milwaukee. I never look at Ryobi or Makita because they are not good professional tools and break much faster then DeWalt or Milwaukee
My Makita circular saw is great, though admittedly it gets pretty light use. The rip guide/fence system it comes with is absolute garbage though.
1/2" drill/driver. The Milwaukee comes with 2 3a batteries compared to DeWalt having 1 4 ah which explains $50.
https://www.homedepot.com/p/DEWALT-20V-MAX-Cordless-1-2-in-Drill-Driver-2-20V-1-3Ah-Batteries-Charger-and-Bag-DCD771C2/204279858
https://www.homedepot.com/p/Milwaukee-M18-18V-Lithium-Ion-Brushless-Cordless-1-2-in-Compact-Drill-Driver-Kit-with-Two-2-0-Ah-Batteries-Charger-and-Case-3601-22CT/325544370
Although I also see a $99 Milwaukee with a single 2 Ahr battery which is weird because the tool alone is $129.
Those are hard to compare, especially at Home Depot. They are always having combo deals. Those are also the cheaper lines, the MAX XR and M18 FUEL are where the prices separate. That's the top of the line of each brand.
https://www.homedepot.com/p/DEWALT-20V-MAX-XR-Lithium-Ion-Cordless-Premium-Brushless-1-2-in-Hammer-Drill-and-20V-MAX-XR-Premium-Lithium-Ion-4-0Ah-Battery-DCD996BW204/309377508#overlay
https://www.homedepot.com/p/Milwaukee-M18-FUEL-18V-Lithium-Ion-Brushless-Cordless-1-2-in-Hammer-Drill-Driver-Tool-Only-2904-20/320326855
Could be, but there are also like 80 different impact drivers in each brand, so tough to compare apples to apples. I also bought all my power tools years and years ago, so just going off what I remember when I was doing my research. I actually own mostly DeWalt and some Makita and Harbor Freight, and my router stuff is all Bosch. The only Milwaukee stuff I own is their M18 yard tools stuff and it's really shoddily built and quite shit, though it did look the best compared to the alternatives - so probably just a function of compromising on a multi tool. But hey, I'm just one dad.
The one thing I know for sure is there's a silly amount of brand loyalty and sweeping generalizations (like the ones I made!), and it's tough to cut through any of it since tool review websites and videos are probably the worst example of AI generated blogspam I experience in my daily life. Unless someone's a professional tradesman, they probably don't get to use tools enough to have well-informed opinions, and then their needs don't even really match harry homeowner in the first place!
It's probably best to just do blind tribalism and give us something to make fun of other dads for. What I'm trying to say is your response is exactly what someone in House Milwaukee would say.
Yeah the only tools I've had die on me way too early is DeWalt and Ryobi.