The 20 Best Wines for Under $20

Everyone, including me, loves a bargain, especially when it comes to wine. My definition of “bargain?” A wine that tastes at least twice as good as its price, preferably more.

I’m hardly alone. One of the most important findings in this year’s Silicon Valley Bank Wine Report, out last week, is that millennials (aged 22 to 37) are not embracing fine wines as much as they’d been predicted to do as they got older. Part of the problem is surely financial. They’re held back by an “indulgence gap,” a delay of peak earning, says Rob McMillan, SVB’s executive vice president and author of the annual report. Often mired in student debt, millennials want high-quality, interesting wines, but at a less-than-premium price. McMillan refers to them as “frugal hedonists.”