It's also in this price area where rugged, waterproof models live. Our current favorite, the Olympus Tough TG-4, can go as deep as 50 feet, offers a macro ring light accessory, and can shoot in Raw format. There are competing models available from Fujifilm, Canon, Nikon, Panasonic, and Ricoh. And, of course, if you're more into video, a small action cam like those popularized by GoPro is also an option.
For more, check out The Best Point-and-Shoot Cameras.
Small Camera, Big Sensor: Premium Compacts
You may scratch your head when you see pocket cameras with fixed lenses selling for anywhere from $400 to $1,000. After all, you can get an interchangeable lens model for the same price. But these slim, premium shooters target a very specific market—photographers who already own a mirrorless camera or SLR and a bunch of lenses, but want something small as an alternative option.
For a long time the premium models sported 1/1.7-inch class sensors, which offered modest advantages over the more common 1/2.3-inch type found in entry-level cameras and premium smartphones. Sony changed that in 2013 with the RX100$444.99 at Walmart.com, which brought the 1-inch sensor class into the spotlight.
A 1-inch sensor has roughly four times the surface area of the chips used in premium smartphones and entry-level point-and-shoots. That leads to significantly clearer images, especially at high ISO. The industry has settled on 20MP of resolution for this sensor type, which delivers an excellent balance of image quality and noise control.
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