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Where to Eat Cheaply in Costs South America Country By Country: Budget Food Guide & Real Prices

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

When it comes to budget travel in South America, one of the biggest expenses can be food. However, if you're savvy and know where to look, you can indulge in the continent's diverse culinary offerings without emptying your wallet. This guide breaks down food costs in South America, country by country, providing real prices, daily budget tips, and insider advice to help you enjoy delicious meals on a budget.

How Much Does Food Cost in Argentina?

Argentina is famous for its beef, and you can enjoy hearty meals at incredible prices. A typical lunch at a local parrilla (grill) might cost around ARS 1,200 (about USD 3.50) for a delicious choripán (sausage sandwich) and a drink. Head to Mercado de San Telmo in Buenos Aires for an authentic experience where local vendors serve everything from grilled meats to fresh produce.

If you're looking for a budget-friendly dinner, consider the 'menu del día' options, which are often available for about ARS 800 (USD 2.30) and usually include an appetizer, main dish, and sometimes dessert. For a more upscale night out, Don Julio in Palermo offers a full steak dinner for ARS 3,000 (USD 8.50).

Daily Food Budget in Argentina

To give you a clearer picture, here's a breakdown of food costs you can expect in Argentina:

ItemApprox CostNotes
ChoripánARS 1,200 (USD 3.50)Popular street food
Menu del díaARS 800 (USD 2.30)Includes appetizer and main
Steak dinner at Don JulioARS 3,000 (USD 8.50)Upscale dining experience
Local beerARS 300 (USD 0.85)Commonly found in bars
Transport (Subte ticket)ARS 30 (USD 0.09)Easy city exploration
EmpanadaARS 150 (USD 0.43)Street food staple

What Are the Food Costs in Brazil?

Brazil's culinary scene is diverse, with influences from indigenous, African, and Portuguese cuisines. You can snag a filling street food meal for as little as BRL 10 (USD 2) in neighborhoods like Santa Teresa in Rio de Janeiro. A sit-down meal at a local restaurant will generally cost between BRL 30-50 (USD 6-10).

If you're looking to enjoy some nightlife, bars in the lively Lapa district serve up petiscos (snacks) ranging from BRL 20-40 (USD 4-8) alongside live samba music. Don’t miss the Mercado Municipal in São Paulo, where a mortadella sandwich costs around BRL 25 (USD 5).

Daily Food Budget in Brazil

Here’s what you can expect to spend on food in Brazil:

ItemApprox CostNotes
Street food mealBRL 10 (USD 2)Very affordable
Sit-down mealBRL 30-50 (USD 6-10)Varies by location
Mortadella sandwichBRL 25 (USD 5)Local favorite
Petiscos in barBRL 20-40 (USD 4-8)Good for sharing
Transport (Metro ticket)BRL 4.40 (USD 0.80)Efficient way to travel
Acai bowlBRL 15 (USD 3)Healthier snack option

How Much Should I Budget for Food in Chile?

In Chile, the food scene is heavily influenced by its geography. You can find scrumptious empanadas at places like La Fama in Santiago for just CLP 3,500 (USD 4.50). A 'menu del día' at local restaurants generally costs around CLP 6,000-8,000 (USD 7-10), which is a fantastic deal for a full meal.

Don’t forget to try pastel de choclo (corn pie) for a traditional taste! Street food is affordable, and fresh seafood is often available along the coast, particularly in Valparaíso.

Daily Food Budget in Chile

This is a snapshot of food prices in Chile:

ItemApprox CostNotes
EmpanadaCLP 3,500 (USD 4.50)Popular street food
Menu del díaCLP 6,000-8,000 (USD 7-10)Full meal deal
Pastel de chocloCLP 5,000 (USD 6)Traditional dish
Local seafood plateCLP 8,000 (USD 10)Must-try on the coast
Transport (Metro ticket)CLP 800 (USD 1)Convenient city travel
Fresh juiceCLP 1,500 (USD 1.90)Refreshing option

Where to Find Cheap Eats in Peru?

Peru's culinary reputation is growing, especially with dishes like ceviche and lomo saltado. You can enjoy a hearty meal at a local eatery for around PEN 15 (USD 4), while upscale dining can go upwards of PEN 50 (USD 14). The best way to save is to eat at local markets, where you can find delicious meals for as little as PEN 8-10 (USD 2-3).

Daily Food Budget in Peru

Take a look at common food costs in Peru:

ItemApprox CostNotes
Local eatery mealPEN 15 (USD 4)Great value
Market mealPEN 8-10 (USD 2-3)Very affordable
Upscale diningPEN 50 (USD 14)Special occasion
CevichePEN 20 (USD 5.50)Must-try dish
Fresh fruit juicePEN 5 (USD 1.40)Refreshing option
Transport (Bus ticket)PEN 1.50 (USD 0.40)Budget-friendly

What Is the Cheapest Country to Eat in South America?

Generally, Peru and Argentina offer the most budget-friendly food options, especially if you stick to local eateries and markets.

How Much Should I Budget for Food in South America?

A daily food budget of around USD 10-20 is reasonable for budget travelers, depending on your dining choices.

Is Street Food Safe to Eat in South America?

Yes, street food can be safe; just choose vendors that are busy and have a clean setup to minimize risks.

For the best budget meals, seek out local markets and food stalls where you can often find fresh, authentic dishes at unbeatable prices!

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