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VIDEO: Our Champagne Taste Test Finds the Best Bubbles for Your Buck!

Can cheap champagne taste as good as high-end stuff? Our video investigates!

New Year's Eve is right around the corner and, if you're unlike the teetotalers of the world, you're probably in the market for a nice bottle of champagne with which to celebrate at the stroke of midnight. Nothing says "Happy New Year" like the popping of a cork, but are there any sparkling wines that are good and a good price? Find out in our video taste test!

Uh, OK... but seriously, according to a British study, in a blind taste-test of experts and novice drinkers alike, a £40 bottle of champagne was preferred over a £400 bottle of bubbles. In America, that means that a $65 bottle is your best bet. Not cheap, but as it's the one night of the year that many people will ever drink champagne, why sacrifice on taste.

Further supporting the theory that you don't have to spend a lot to enjoy some bubbly is a little thing called psychology. Professor Charles Spence, from the University of Oxford (classy, classy Oxford!), says, "If you know how much something costs, the psychology of that high cost seems to make things taste better." Psychologically, when we're told that something is expensive, we like it more. So, unless you're friends with wine-o-philes, just buy a cheap-o bottle and tell everyone it cost $100! Plus, no matter what they think they're drinking, everyone's still getting the same quality of hangover on January 1, anyway.

If $65 is still a little too rich for your blood, it doesn't mean you need to stay home and celebrate New Years looking for a higher-paying job. Instead, check out this article from 2012 in which The Huffington Post evaluated sparkling wines under $20. They swear you can get a tasty bottle for as low as $11.99! Keep in mind though that unlike, say, a printer (which has a strictly defined set of features that make one better than another) wine-tasting is based on an individual's taste buds, so "your mileage may vary" with any of these recommendations.

One last thing to consider: If you're just going to use it as a "celebratory bottle" that you spray all over your guests while shouting "woo" and "New Years!" (right before you pass out), then any price point of suds will do; all champagne stings equally when poured into your eyes.

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Jeff Somogyi is the DealNews Media Editor. Since working here he's written deals, features, promotional and newsletter copy, blog posts, as well as scripts for our videos. Follow him on Google+, Twitter at @sommerjam or his blog.
DealNews may be compensated by companies mentioned in this article. Unless marked as a "Sponsored Deal," the opinions expressed here are those of the author and have not been reviewed or endorsed by the companies mentioned. Please note that, although prices sometimes fluctuate or expire unexpectedly, all products and deals mentioned in this feature were available at the lowest total price we could find at the time of publication (unless otherwise specified).
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Jeff Somogyi (DealNews)
I find this reporter intoxicating.
I celebrate the New Year "F1 Style".
I grab the cheapest bottle of bubbly & pop the cork & make it rain. Last year I read the HuffPost article & bought the #3: Aria Brut Cava (Spain), $11.99.
I drank some & it was actually very good!