There are many meters on the market that cost lots less. All one has to do is google clamp meter to find them.
The type meter you purchase should fit his needs. The one you posted a link to has many bells and whistles that I would never use but might fit into the type work he does.
The primary issue I have with any meter I use is its category rating. If I am going to be working on or around the service equipment I would want a category IV meter. This would include a residential 240 volt single phase panel.
If all I am going to be doing is low voltage (50 volts or less) them any old $10 meter will work.
Personally I use Greenlee