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Where to Eat Cheaply in Best South America: Budget Food Guide & Real Prices

✎ RoamLight Editorial📅 2026-01-01⏰ 7 min read

When it comes to budget travel, South America is an absolute gem. Not only is it filled with stunning landscapes and rich cultures, but the food scene is a highlight that you simply can’t miss. From street food stalls to local eateries, you'll find a variety of affordable, mouth-watering dishes that reflect the region's diverse culinary influences. In this guide, I’ll walk you through the best food experiences South America has to offer, including real costs, local tips, and some hidden gems that won’t break the bank.

What Are the Must-Try Dishes in South America?

As you travel through South America, there are several iconic dishes you must try. These vary from country to country, but each one tells a story of local tradition and ingredients. For instance:

How Much Does Street Food Cost in South America?

Street food is not just cheap; it’s often the best way to experience local flavors. Here’s a breakdown of some popular street food items across different countries:

ItemApprox CostNotes
Choripán (Argentina)300 ARS ($0.80)Perfect for a quick snack around Plaza de Mayo.
Ceviche (Peru)25 PEN ($6.70)Best enjoyed at a local eatery, especially at La Mar.
Arepa (Colombia)2,000 COP ($0.50)Stuffed with cheese or meat; grab it from a street vendor.
Empanadas (Argentina)50 ARS ($0.13)Try different fillings, from beef to spinach.
Pão de Queijo (Brazil)3 BRL ($0.60)Cheesy bread rolls, a must-try snack.
Pastel (Brazil)5 BRL ($1)Fried pastry filled with savory or sweet fillings.

Where to Find Affordable Restaurants in South America?

If you’re not keen on street food, there are plenty of budget-friendly restaurants that serve hearty meals without costing a fortune. In Buenos Aires, I recommend El Desnivel, where you can enjoy a massive steak for around 1,200 ARS ($3.20). In Lima, La Lucha is famous for its sandwiches and juices, with meals averaging 15 PEN ($4). In Bogotá, check out La Puerta Falsa for an authentic ajiaco soup for about 10,000 COP ($2.50).

How to Save on Food Costs While Traveling?

Eating well in South America doesn’t have to drain your wallet. Here are some budget tips:

How to Navigate Food Safety in South America?

While trying new foods is part of the adventure, being cautious about where you eat is essential. Here are some safety tips:

What is the average cost of food in South America?

On average, if you're sticking to street food and casual restaurants, you can expect to spend around 30-50 ARS ($0.80-$1.30) per meal in Argentina, 15-25 PEN ($4-$6.70) in Peru, and 5-10 BRL ($1-$2.50) in Brazil.

Are credit cards accepted in restaurants across South America?

While many places accept credit cards, particularly in urban areas, always carry cash for street food and smaller establishments, as they may not have card facilities.

Is it safe to eat street food in South America?

Yes, street food is generally safe if you choose popular vendors with high turnover and fresh ingredients. Just ensure you’re eating cooked food and avoid anything that looks like it has been sitting out.

Always ask locals for their favorite food spots; they can direct you to hidden gems that offer the best flavors at unbeatable prices!

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