Cheaper in the sense that they are cheaper to make. I originally bought this type of needle threader locally and they were thick and magnetic which was extremely helpful when trying to keep my needle threader from slipping and losing it. They come in oversized packaging, which means if they get lost you can just grab another one. Although I would have preferred it to have fewer parts and be steel. I use them to thread the tapestry needle when weaving the ends. For that reason alone (ease of use) this is the perfect needle threader for me.
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