For small engine use, I have one similar to the one Motown linked to above that I bought off Ebay 5+ years ago; it shipped from China, and I don't remember the price, but <$20 total. I haven't used it in 6 months, but it still worked then, which was far longer than I expected. I'll buy another one just like it when it dies.
When I worked at a small engine shop, we had a Stihl digital tach. This was in the 1980s, so it was a huge deal at that time as it probably cost $300+. We used it to set max RPM on saws and trimmers, and we found that prior to getting that tach that we were consistently tuning engines too lean, and thus fast, when adjusting by ear. We didn't blow anything up prior to this, but it's always nice to do things right.