15 Best Affordable Restaurants In New York City

New York City might be famous for glitzy rooftop dinners and upscale bistros, yet hidden among the skyline and city lights, you’ll find a surprising number of delicious spots where a full, satisfying meal costs little, often under $15–$25. Many of these are celebrated as some of the best affordable restaurants in New York City, offering global flavors, hearty portions, and a familiar neighborhood vibe. With over 25,000 eateries across the five boroughs, there’s no shortage of budget-friendly gems waiting to be discovered.

Looking for a perfect, cheap meal without spending too much? You might ask:

• Which places in NYC serve real, tasty food at low prices?
• How to findthe best cheap restaurants in New York without sacrificing quality or flavor?
• Where can I enjoy a full dinner under $15–$20 per person, maybe even less?
• Which neighborhoods offer hidden gems for affordable, delicious dining in New York?

On this page, we answer every one of these questions. We highlight the best affordable restaurants in New York City, from classic pizza slices to international bites, and show you where to eat well for less. Whether you’re a student, a traveler, or a resident saving smart, our list will guide you to meals that satisfy both your hunger and your budget.

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What is the Average Cost of Feeding in Restaurants in New York City?

Here’s a breakdown of what you can expect to pay when you eat out in New York City, from fast food and casual meals to more comfortable sit-down restaurants.

Typical Meal Costs in NYC

• A fast-food meal, street food or budget bite: roughly US $8–15 per person.
• A casual or inexpensive sit-down restaurant (entree, possibly drink): about US $15–25 per person.
• A mid-range restaurant meal for one (main course + maybe drink or side): typically US $25–50 per person.
• A more complete dinner (appetizer, main, drink, tip/tax) at a mid-range place: realistically US $50–75+ per person (depending on choices).

These ranges highlight that you can eat out in New York either on a budget or enjoy a more comfortable meal, depending on where and how you dine.

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What That Means for Average Monthly / Per-Person Spending

Your food spending in NYC will depend heavily on how often you go out, what you order, and whether you share meals with roommates or friends. Here are rough guides for different habits

• If you eat out occasionally (e.g. 1–2 times a week) at inexpensive or casual restaurants, you might spend around US $60–120 per month on dining out.
• If you dine out more often, mixing casual meals and occasional mid-range dinners, monthly spending could reach US $150–300 or more, especially if drinks, tips, or extras are included.
• If you live with roommates or housemates and share meals or split costs (e.g. ordering a pizza or sharing mains), you can reduce your individual spending significantly.

Because of NYC’s wide range of food prices, from cheap street food to mid-range restaurants, you have flexibility. Smart planning, occasional budget meals, and splitting costs with roommates can help you enjoy the city’s dining scene without overspending.

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Why This Info Matters for Platuni Users

If you use a shared-living platform like Platuni, understanding average restaurant costs in New York City helps you budget better for meals or outings. Living with compatible housemates makes it easier to:

• Share or split the cost of meals
• Cook together, saving money compared to frequent dining out
• Alternate between budget-friendly eats and occasional casual dinners

Platuni helps you connect with roommates who may also enjoy shared meals or value cost-effective living. This can turn eating out and living together into a more social, affordable, and manageable experience.

Whether you are new to NYC, a student, a young professional, or someone trying to balance quality living with budget, having clarity on meal costs helps you plan your lifestyle, eat out wisely, save money, and enjoy what the city offers without breaking the bank.

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What Is the Most Famous Food in New York City?

When people think of New York City, one food instantly stands out: New York-style pizza. This classic slice is thin, wide, and foldable, making it a perfect match for the city’s fast-paced lifestyle, usually eaten on the go. It has a crisp crust, light tomato sauce, stretchy mozzarella cheese, and a simple but unforgettable flavor. For many locals and visitors, grabbing a “slice” is a true NYC experience and one of the city’s greatest food traditions.

Other Iconic Foods New York City Is Known For

Even though New York-style pizza is the most famous, the city has many legendary foods that define its diverse food culture. Here are some of the top ones:

#1. Bagels

NYC bagels are dense, chewy, and often called the best in the world. Many people enjoy them with cream cheese, lox (smoked salmon), or simple butter. New York’s water and traditional boiling-and-baking method give it its unique texture.

#2. Hot Dogs

Hot dogs, especially from street carts or iconic spots like Nathan’s Famous, are a big part of New York’s food identity. They’re simple, affordable, and perfect for quick bites around the city.

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#3. Cheesecake

New York-style cheesecake is rich, creamy, and smooth. It’s a world-famous dessert made from cream cheese, sugar, eggs, and a graham-cracker crust. Many tourists seek out a slice when visiting NYC.

#4. Pastrami on Rye

This classic deli sandwich, filled with warm pastrami slices, mustard, and rye bread, has been a Jewish-American staple for decades. Places like Katz’s Delicatessen helped make it legendary.

#5. Pretzels

Soft pretzels sold from street vendors are one of NYC’s most recognizable quick snacks. They’re warm, chewy, salted, and often enjoyed while walking through the city.

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15 Best Affordable Restaurants in New York City

#1. Joe’s Pizza

Joe’s Pizza is one of the most iconic affordable restaurants in New York. Many New Yorkers call it the true taste of the city because the slices are always hot, fresh, and delicious. A classic slice usually costs $3–$4, making it a top pick among the best cheap restaurants New York has for quick meals. Tourists and locals visit daily for its thin crust and rich, simple flavor.

The atmosphere is uncomplicated and friendly, perfect for students, newcomers, and roommates searching for cheap and reliable food. Platuni users who are settling into the city can count on Joe’s Pizza as a dependable place to grab a good meal without spending too much.

• Location: Carmine Street (most popular)
• See Location on Google Maps

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#2. Vanessa’s Dumpling House

Vanessa’s Dumpling House is loved for its low prices and flavorful dumplings, noodles, and sesame pancakes. Meals often range from $5–$7, making it one of the best affordable restaurants in New York City for anyone who wants filling Asian food without stretching their budget. The dumplings are freshly made, flavorful, and served fast.

The restaurant is lively and perfect for people who want a quick bite without the cost of a full sit-down meal. Platuni users can enjoy this spot as an affordable way to eat well while saving money for rent or shared expenses with roommates.

• Location: Chinatown, Williamsburg, and more
• See Location on Google Maps (Chinatown)

#3. Mamoun’s Falafel

Mamoun’s Falafel is one of the oldest falafel spots in NYC and a top choice among the best cheap restaurants New York has for Middle Eastern food. Their falafel sandwiches, shawarma wraps, and platters are usually under $10, which makes the restaurant a perfect option for fast and affordable meals. The falafel is crispy, flavorful, and made fresh daily.

The environment is warm and energetic, great for quick lunches and late-night meals. Platuni users looking for budget-friendly dining will find Mamoun’s helpful when managing monthly expenses while sharing an apartment with housemates.

• Location: St. Marks Place, Greenwich Village, and others
• See Location on Google Maps (St. Marks)

#4. The Halal Guys

The Halal Guys offer one of the city’s most famous budget meals. Their chicken-and-rice or gyro-and-rice platters usually cost $10–$12, and the large portions make it a top choice among the best affordable restaurants in New York City. The white sauce and red hot sauce are big favorites and add rich flavor to every meal.

The food cart style gives the restaurant a fun, street-food experience, great for students and young workers. Platuni users can enjoy The Halal Guys as a filling and cheap option during busy days or when sharing meals with roommates.

• Location: 53rd St & 6th Ave (original cart)
• See Location on Google Maps

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#5. Xi’an Famous Foods

Xi’an Famous Foods serves hand-pulled noodles, spicy lamb dishes, and meals that stand out from typical fast food. Most dishes cost $10–$15, which makes it part of the best cheap restaurants New York for flavor lovers. Every bowl is freshly prepared with bold spices, offering a warm and comforting eating experience.

The setting is modern and casual, ideal for quick meals alone or with friends. Platuni users who enjoy exploring flavors will appreciate Xi’an Famous Foods as an affordable way to try new dishes while still staying within a monthly budget.

• Location: Multiple branches across NYC
• See Location on Google Maps (East Village)

#6. 2 Bros. Pizza

2 Bros. Pizza is one of the most popular affordable restaurants in New York for quick and cheap meals. Many locals love it because it represents the true “dollar slice” culture of NYC. Slices remain very low-priced, and even combo meals stay budget-friendly, making it one of the best cheap restaurants New York offers for students, workers, and anyone watching their spending.

The restaurant is fast, simple, and perfect for people who need food on the go. Platuni users who are adjusting to city life will find 2 Bros. helpful when they want good food without affecting their monthly roommate budget or rent planning.

• Location: Multiple branches across NYC
• See Location on Google Maps (6th Ave)

#7. Gray’s Papaya

Gray’s Papaya is a classic New York hot dog shop known for tasty hot dogs and very cheap combos. Many meals fall under $10, making it one of the best affordable restaurants in New York City for quick, simple food. Their “Recession Special” has been famous for years because it allows customers to enjoy good food at very low prices.

The space is small but busy, filled with locals who enjoy fast service and familiar flavors. Platuni users who want budget-friendly meals that fit into shared-living expenses will appreciate how Gray’s Papaya helps them save while still enjoying the New York food culture.

• Location: Broadway & 72nd Street
• See Location on Google Maps

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#8. Los Tacos No. 1

Los Tacos No. 1 offers some of the most authentic Mexican tacos in NYC at great prices. Tacos cost around $5 each, and the quality is excellent, which makes the restaurant a top choice among the best cheap restaurants New York for fresh, flavorful meals. The tortillas are handmade, and the meat options are always juicy and well-seasoned.

The environment is lively and perfect for quick lunches or casual group meals. Platuni users who love hanging out with roommates or friends will enjoy this spot because the food is affordable, shareable, and always satisfying.

• Location: Chelsea Market (most popular)
• See Location on Google Maps

#9. Scarr’s Pizza

Scarr’s Pizza delivers a mix of old-school New York flavor and modern quality. Many visitors enjoy the handmade dough and high-quality ingredients, all at fair prices. Slices are affordable, and full pizzas still fall into the best affordable restaurants in New York City category without costing too much.

The interior has a cool, retro feel that attracts young professionals, students, and creatives. Platuni users who want an affordable outing with roommates will find Scarr’s a fun place to relax, eat, and enjoy New York without overspending.

• Location: Lower East Side
• See Location on Google Maps

#10. North Dumpling

North Dumpling is one of Chinatown’s hidden gems, offering dumplings at some of the lowest prices in NYC. A plate of dumplings often costs only a few dollars, placing it among the best cheap restaurants New York for true budget eaters. The dumplings are handmade, flavorful, and served very quickly.

The setting is simple and unpretentious, great for people who care more about good food than decoration. Platuni users who need affordable meals while settling into new homes or managing roommate expenses will find North Dumpling extremely helpful.

• Location: Chinatown
• See Location on Google Maps

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#11. Prince Street Pizza

Prince Street Pizza is home to one of the most famous square pepperoni slices in NYC. The thick, crispy-edged pepperoni cups and fluffy dough make it a top favorite among locals and tourists. Prices are still fair for the quality you get, which places it strongly among the best affordable restaurants in New York City for pizza lovers.

The shop is small, always busy, and full of energy. Platuni users who enjoy exploring the city with roommates will find this spot perfect for a quick, satisfying bite. Pizza slices here offer great value, making it ideal for people managing shared living costs and looking for the best cheap restaurants New York offers.

• Location: SoHo / Nolita
• See Location on Google Maps

#12. Shake Shack (Madison Square Park)

Shake Shack’s original Madison Square Park location continues to attract visitors with its tasty burgers, crinkle-cut fries, and signature shakes. Prices for burgers usually fall between $7–10, which makes it one of the most popular affordable restaurants in New York where people can get high-quality food without overspending.

The outdoor setting adds charm and comfort, making it perfect for casual hangouts with friends or roommates. Platuni users who want a relaxed food experience while enjoying the city’s views will find Shake Shack ideal for shared meals and budgeting smartly.

• Location: Madison Square Park
• See Location on Google Maps

#13. Katz’s Delicatessen (Budget Items)

Katz’s Delicatessen is one of New York’s most iconic restaurants. Even though the full sandwiches are pricey, many visitors choose their budget-friendly options like soups, hot dogs, or smaller portions, which still let you enjoy the famous deli taste at lower cost. These options help Katz’s remain part of the best affordable restaurants in New York City for people who want a taste of history without spending too much.

The atmosphere is loud, busy, and filled with New York character. Platuni users who want to experience the city’s food culture while managing roommate budgets will appreciate that they can enjoy Katz’s without breaking the bank.

• Location: Lower East Side
• See Location on Google Maps

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#14. Tasty Hand-Pulled Noodles

Tasty Hand-Pulled Noodles is a Chinatown favorite offering freshly stretched noodle soups and stir-fried dishes at very affordable prices, often $10 or less. Large portions and strong flavors make it one of the top best cheap restaurants New York offers for people who want filling meals at low cost.

The kitchen is open, so guests can watch chefs pull noodles by hand, a fun touch for groups or roommates exploring the city. Platuni users who need affordable meals while settling into shared living arrangements will love this spot for comfort food on a budget.

• Location: Chinatown
• See Location on Google Maps

#15. Saigon Shack

Saigon Shack serves delicious Vietnamese dishes like bánh mì sandwiches, pho, and rice bowls, usually priced between $9–13. The food is fresh, flavorful, and very generous for the price, making it one of the most reliable affordable restaurants in New York for students, workers, and young professionals.

The atmosphere is cozy and always lively, perfect for casual dining with roommates or friends. Platuni users who want to enjoy tasty meals while keeping monthly food budgets low will appreciate Saigon Shack’s balance of quality and affordability.

• Location: Greenwich Village
• See Location on Google Maps

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Frequently Asked Questions About Affordable Restaurants in New York City

Are affordable restaurants in New York City still good in quality?

Yes, many of the best affordable restaurants in New York City serve fresh, delicious meals. New York is renowned for its diverse food culture, so even budget-friendly places often offer amazing taste and generous portions. Many small restaurants are run by chefs who cook traditional meals from their home countries, making the food rich, authentic, and memorable.

Do cheap restaurants in New York offer takeout?

Almost all affordable restaurants in New York City offer takeout and delivery. Some even provide online ordering through apps. This makes it easy for busy people, travelers, and roommates who want fast and convenient meals.

Can I find vegetarian or vegan options at affordable restaurants?

Yes, New York has many vegetarian and vegan-friendly cheap restaurants. Places like falafel shops, street food stalls, Asian eateries, and plant-based cafes often offer low-cost vegan meals. Finding healthy, affordable food is becoming easier across the city.

What is the best time to visit cheap restaurants in New York to avoid crowds?

Going between 2 PM and 5 PM can help you avoid long lines. Lunchtime and dinner hours are usually busy. Late mornings and mid-afternoons are great times for a calm, quick meal.