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A utility knife is a fantastic tool to have in the home tool box or junk drawer. It cuts with a removable razor blade, so the edge is both incredibly sharp and very disposable, making it ideal for all of the grunt-work cutting jobs that are too difficult for scissors and too dulling and damaging for a nice pocket knife.
We put in 65 hours of research and tested 32 different knives to find that the Milwaukee 48-22-1502 Fastback Utility Knife with Blade Storage is the best utility knife.

Milwaukee 48-22-1502 Fastback Utility Knife with Blade Storage – The best utility knife
The advantages of the Milwaukee 48-22-1502 Fastback Utility Knife with Blade Storage come down to ergonomics and safety. Its unique contoured handle and deep finger notch make for a grip that is both comfortable and secure. Unlike the other knives we looked at, the Fastback can be easily (and quickly) opened and closed with one hand, and it locks in both positions. Changing blades is very simple, and a sturdy belt hook helps make the Fastback portable. And despite this knife’s thin profile, five additional blades can be stored in the handle.

Milwaukee 48-22-1501 Fastback Folding Utility Knife
Similar, but no blade storage
If the Milwaukee 48-22-1502 Fastback is not available, our next choice is the Milwaukee 48-22-1501 Fastback Folding Utility Knife. This knife shares many of the characteristics of our pick—the same shape, the comfortable and secure grip area, the sturdy belt hook, and the fast, one-handed open/close. The only difference is that there is no additional blade storage. Forgoing this feature typically saves you less than $5, so we’d rather pay for our pick’s added convenience and capability.