I am using VoiceInk for a few weeks & am impressed. It uses local AI models to transcribe. Accuracy is good, & it has bells & whistles.
Currently available for $19.99 for a lifetime license. Significantly cheaper than its competitors.
One thing I like is that I can use it to transcribe into a Windows remote desktop session (I work on a Mac, remoted desktop to Windows). I was unable to get its competitors to do this.
Dev is updating it weekly. It is also open-source.
https://tryvoiceink.com