Am assuming you are speaking of Freshwater test kits rather than Marine.
Kiryarcher above, has made a fair comment especially when comes to determining the readings on the colour charts.
There is a lot of debate about which test kits are best.
For value for money I'd say API Freshwater Master Test Kit are pretty good, this will test for ph, high range ph, Ammonia, Nitrite and Nitrate. Usually £20 to £35.
However do bear in mind that nitrate test can be unreliable as well , mainly due to the fact that nitrates test contains two bottles of solution, then 2nd bottle has to be shaken extremely well and this can lead to inaccurate readings.
I am at the moment trying out Nutrafin Master Test kit, it is ok and has extra tests for phosphate, and calcium.
TBH not much better than API test kit and is more expensive.
There is a Maidenhead Aquatics Master Test Kit that has had a fairly good review.
http
/www.fishforums.net/index.php?/topic/424937-maidenhead-aquatics-master-test-kit/
There are also test kits that comes in powder form, such as Salifert, a bit more expensive since those can only be purchased separately, i have not tried these and do not know enough to really comment on this form of powder test kits, but do believe these are more accurate.
Lab grade kits will be the no.1 most accurate kits you will be able to get but these are immensely expensive.
Another option is digital readers such as TDS meters and colorimeters etc will be very good at testing your water parameters but again, very expensive. More used for marine tank set ups I believe.
In all honesty I think API does the job perfectly fine for the average aquarist and no need for high tech equipment unless you going for specific or hard to breed species or looking after very specific stockings.