While fall brings so many delightful things (e.g., knee-high boots, shearling accessories, and a bevy of other fall trends), dealing with the temperature drop can be, well, dreadful. Whether you live in London, Los Angeles, or somewhere else, there comes a point in the year when only one wardrobe essential becomes a true must-have: cozy sweaters. After all, what other basic piece of clothing exemplifies the art of transitional dressing and makes the transfer from crisp fall breezes to frigid winter days bearable? Cozy sweaters are the unsung heroes of our wardrobes, which is why investing in them is a worthwhile endeavor. But you don’t have to splurge for this season’s most versatile staple. I’ve sifted through Nordstrom, Revolve, Shopbop, and other retailers to find the best cozy sweaters, all under $250. These 60 sweaters will not only save you some hard-earned coins, but they’ll also make you feel like you’re living inside a cup of hot chocolate (even if you’re out in the cold).