Ffmpeg
For FFmpeg with Constant Bitrate Encoding (CBR):
ffmpeg -i video.mp4 -vn \
-acodec libmp3lame -ac 2 -ab 160k -ar 48000 \
audio.mp3
or if you want to use Variable Bitrate Encoding (VBR):
ffmpeg -i video.mp4 -vn \
-acodec libmp3lame -ac 2 -qscale:a 4 -ar 48000 \
audio.mp3
The VBR example has a target bitrate of 165 Kbit/s with a bitrate range of 140...185.
python3 -m pip install -U yt-dlp
yt-dlp -F --progress "https://www.youtube.com/watch?v=xxxxxxxxx"