Well, if you buy a cheap tool and make decisions on it, then you could spend a great deal more in parts, machining, and labor as a result. Measuring bores needs precision. Cheap tools are not precise.
You may think you only need them once, but a quality tool is an investment and should be treated as such. I have a full set of outside micrometers and inside micrometers. I use them all the time. And calipers.
Or, take the cylinders to a shop and then examined. Costs less, should be more accurate than a DIY first time.