I also need to know if I should jump to learning electric guitar or should I first practice acoustic
closed as primarily opinion-based by Todd Wilcox, Tim, Richard, Tetsujin, Dom♦ Feb 11 '17 at 16:04
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You can learn either first. Electric guitars are easy to play but you need an amplifier with it also and it is not so portable also. Acoustic guitar are fuss free but they require strong fingers. Learning acoustic first has definitely some advantages. The cost of good electric guitar depends upon your budget. If you are low on budget then a $200 guitar might be good for you and if your budget is too high then you can go for $1000 guitar.
Most seem to start on acoustic, for several reasons. They're cheaper in themselves, don't need the extra cost and problems an amp causes, like electricity supply - can't play just anywhere, volume with neighbours/family, something extra clogging up your space.Of course electrics can be played without amps, but it's hardly fun. Headphones are a way round.
A cheap and cheerful acoustic is a good starter, play anywhere, and if after a while you quit, no tears. If after a while, you love guitar, then you can get that easier-to-paly electric.
Also depends on what style of music you fancy playing. The two are in fact very different beasts that could be construed as similar. Heavy metal on acoustic is unconvincing for a beginner - as other styles will be vice versa.
Budget wise, it will depend where in the world you are, in UK a half-decent acoustic £50-150, half-decent electric £150-200 (plus amp!). My mantra recommends pre-loved, usually a far better instrument for those prices!