There are other things to consider when buying binoculars other than magnification such as size and weight. For me, along with quality, I find weight to be a significant decider because I usually carry mine for some distances in a backpack or around my neck.
For my use I don't typically need long distance view unless I'm looking at landscapes. For hunting and wildlife viewing one hundred yards is typical, two or three hundred is about max. As a result, I prefer 6X to 8X binoculars which gives me enough magnification and still have a good field of view.
Both my wife and I have a set Steiner 8x30 binoculars and I love them. German made, very good quality, and will run around $300 - $400. Steiner has a good selection of binoculars and I recommend them.
I have a set of 8x30 binoculars by Russian company Barska that are a copy of the Steiner's at about half the price. Whereas my Steiner's have been with me on several trips to Alaska and Hawaii and have proven to be a sturdy product, the Barska's are my "home" binoculars that we use around the homestead. They seem to be sturdy, I've just not put them to the test like I have Steiners.
I recently picked up a set of Leupold Yosemite 6x30 binoculars. I bought them because they are light weight and smaller size. They are lower power but also have a great field of view and I have been very pleased with the quality. Seems I paid around $150 for these.
I carry a pair of compact 8x21 binoculars in my duty bag. Made by Simmons these have taken a beating through the years but still do the job I need them to do. They'll easily fit in a jacket pocket and have a narrow field of view, but with good lighting I can read a license plate at 100 yards with them.