Looking for a great steak in NYC without overspending? Here’s the good news: You can still enjoy high-quality steaks at budget-friendly prices. While dining costs have risen, many steakhouses offer cuts like hanger, skirt, or sirloin for under $100 per person. Some even feature prix-fixe menus or happy hour deals to keep things affordable.
Quick Overview of Affordable Steakhouses in NYC:
- St. Anselm: Butcher's Steak for $34, paired with $15 sides.
- Skirt Steak: Prix-fixe menu starting at $35 for a tender, marinated cut.
- P.J. Clarke's: Newport Steak Frites for $37, with a historic vibe.
- Le Dive: French-inspired Hanger Steak Frites in the mid-$30s.
- Atla: Modern Mexican Chile-Rubbed Ribeye in the mid-$40s.
- Empire Steak House: Porterhouse for Two at $96, plus $17 burgers.
- Swoony's: Hanger Steak with arugula salad for $34.
- Keens Steakhouse: Lunch specials like Prime Sirloin for $42.
- Quality Eats: All steaks under $30, with creative sides.
- Harry's NYC: Dry-aged cuts in a classic setting.
- Bowery Meat Company: Sunday Supper prix-fixe for $85.
- Wolfgang's Steakhouse Bar Menu: Sirloin burger starting at $8.95.
Money-Saving Tips:
- Visit during happy hours or fixed-price promotions.
- Opt for budget-friendly cuts like flat iron, flank, or sirloin.
- Explore bar menus for smaller portions at lower prices.
These steakhouses prove you can enjoy quality dining without breaking the bank. Read on for details about each spot and tips to save even more!
NYC's CHEAPEST STEAK: St. Anselm's Butcher Steak Review
What Makes a Steakhouse Affordable?
Defining an "affordable" steakhouse goes beyond just looking at prices. It's about balancing cost and quality while offering consistent value to diners.
Price Range Benchmarks
Price is just one piece of the puzzle. Cuts like bistro steaks offer good quality at a moderate cost [1].
Quality Standards
Many affordable steakhouses rely on USDA Choice-grade cuts [2]. Here's a snapshot of current beef prices based on recent market data [5]:
| Beef Type | Average Price per Pound |
|---|---|
| Conventional | $4.95 |
| Without Antibiotics | $6.55 |
| Organic | $5.62 |
| Grass-fed | $7.38 |
| Grass-fed Organic | $7.83 |
Value-Driven Operations
To keep prices reasonable, steakhouses often use strategies like securing long-term beef contracts, limiting operating hours, and maintaining consistent menus to reduce waste. High sales volumes also help them maintain efficiency without sacrificing quality [2] [3].
"I wanted to have the same quality of beef that Outback and LongHorn featured at the time, but with price points more similar to Chili's and Applebee's."
– Kent Taylor, Texas Roadhouse Founder [2]
Quality Indicators
When evaluating affordable steakhouses, look for factors like tenderness, flavor, portion sizes, the quality of sides, and sourcing practices. Studies show that customers are often willing to pay double for premium beef when these elements are on point [4].
The Price-Quality Balance
Many steakhouses adopt a "barbell pricing" strategy [2], offering a mix of budget-friendly and premium options. For example, LongHorn Steakhouse offers a Sirloin for $16, an Outlaw Ribeye for $31, and a Porterhouse for $33 [3]. This approach provides flexibility while ensuring quality remains consistent across the menu.
1. St. Anselm
Tucked away in Williamsburg, Brooklyn, St. Anselm is a go-to spot for enjoying high-quality steak without breaking the bank. Known for its welcoming atmosphere and open-kitchen layout, this steakhouse delivers expertly prepared cuts at prices that are hard to beat in New York City.
The highlight here? The Butcher's Steak. Priced at $34, this hanger steak has seen its cost rise from $15 in 2011, yet it remains a crowd favorite for its unbeatable value. Here’s a quick look at some of the standout options on their menu:
| Cut | Price | Value |
|---|---|---|
| Butcher's Steak | $34 | Best Deal |
| Flatiron Steak | $39 | Great Choice |
| Denver Steak | $39 | Great Choice |
| NY Strip Steak | $62 | Premium Option |
St. Anselm keeps things simple, letting the natural flavors of the meat shine with just butter and salt. Pair your steak with affordable sides like Pan-Fried Mashed Potatoes, Spinach Gratin, Grilled Long Beans, or Fingerling Potatoes - each priced at $15.
"It's one of the best steaks in town...It's also one of the city's best steak deals" [1]
If you’re in the mood to start with something light, try the Artichoke Hearts ($16) or Whole Sardines ($19). St. Anselm has earned an impressive 8.4 rating from The Infatuation, cementing its reputation for delivering top-notch meals.
For those seeking variety, the Ax Handle Rib Eye, priced at $4.45 per ounce, allows you to choose your portion size and tailor the cost. Recognized as one of the top spots for steak in New York City, St. Anselm's Butcher's Steak continues to win praise for its exceptional quality and value.
2. Skirt Steak
Located in Chelsea (6th Ave and 29th St), Skirt Steak keeps things simple with its single-price menu, making ordering straightforward while delivering great quality for the price.
The restaurant centers its menu around its namesake cut: skirt steak. This lean cut, taken from the cow's diaphragm muscles, offers a great balance of flavor and affordability. The kitchen uses marinades specifically designed to tenderize the meat and enhance its natural taste. This focus on one signature cut allows the restaurant to provide a streamlined, flavor-focused dining experience.
Executive Chef Laurent Tourondel explains the idea behind the concept:
"It offers quick casual dining that cuts menu debate, letting diners focus on conversation." [8]
The atmosphere at Skirt Steak combines a modern rustic feel with a relaxed vibe, steering away from the formality of traditional steakhouses. Walk-ins are welcome for smaller groups, while reservations through RESY are available for parties of seven or more.
The team takes a careful approach in preparing each steak, following these essential steps:
| Step | Method | Purpose |
|---|---|---|
| Marination | At least 30 minutes | Tenderizes and boosts flavor |
| Cooking | High-heat searing | Ensures great texture and taste |
| Resting | 5-minute rest | Locks in the juices |
| Slicing | Against the grain | Makes the steak more tender |
Chef Sara Tane, a classically trained expert, praises this cut:
"I love cooking skirt steak for a myriad of reasons - it's budget-friendly, it's extremely forgiving, and it benefits wonderfully from a simple, flavor-packed marinade." [6]
Skirt Steak serves two types of this cut: the tender, rectangular inside skirt and the bolder-flavored outside skirt [7]. Both are cooked to medium-rare or medium for the best taste and texture.
3. P.J. Clarke's
P.J. Clarke's has been a part of New York City's dining scene since 1884, offering steaks that deliver on both quality and price without losing the charm of its historic roots. It’s a go-to spot for enjoying steakhouse dining without breaking the bank.
The menu highlights this balance of value and taste. For example, the Newport Steak Frites is priced at $37, while the 10-oz Boneless Ribeye Frites comes in at $45. These prices fit well within NYC’s typical affordable steak range, which usually falls between the mid-$30s and mid-$40s [9].
Here’s a quick look at the steak options:
| Steak Option | Size | Price | Includes |
|---|---|---|---|
| Newport Steak Frites | Standard Cut | $37 | Served with fries |
| Boneless Ribeye Frites | 10 oz | $45 | Served with fries |
P.J. Clarke's also sweetens the deal with Happy Hour discounts from 5–7 PM at several locations. Combining quality, history, and budget-friendly pricing, this spot stands out as a dependable choice for enjoying a classic NYC steakhouse meal.
4. Le Dive
Le Dive, a natural wine bar located in Dimes Square on the Lower East Side, brings a touch of Parisian tabac charm to New York City. It’s also a go-to spot for steak lovers on a budget, offering a standout hanger steak frites priced between the mid-$30s and mid-$40s [10].
This dish has earned a spot among New York City's top 15 budget-friendly steaks [1]. What sets Le Dive apart is its French bistro vibe - a mix of laid-back service and a cozy, nostalgic atmosphere.
Restaurant designer Anna Polonsky describes the appeal:
"There's just this forever idealization of French aesthetic and lifestyle."
Owner Jon Neidich adds:
"The energy, the pace, and the tight space" make for an authentic bistro experience.
| Dining Highlights | Details |
|---|---|
| Signature Dish | Hanger Steak Frites |
| Price Range | Mid-$30s to Mid-$40s |
| Ambiance | French Tabac-inspired |
| Service Style | Relaxed and approachable |
| Extras | Natural wine selection |
Le Dive’s mix of affordable dining and Parisian flair has made it a standout in NYC’s dining scene. It’s a place where great food meets an inviting, no-frills experience.
5. Atla
Atla, located in Noho and launched in 2017 by chef Enrique Olvera[11], brings a fresh perspective to steakhouse dining by blending it with modern Mexican flavors. This walk-in-only spot has gained attention for its creative take on classic dishes.
One of its highlights is the chile-rubbed ribeye, served pre-sliced to make it perfect for DIY tacos. Food critic Ryan Sutton described it as "amazing", making it a must-try for steak lovers[1].
For those on a budget, Atla has several options clearly listed. The Steak Tartare Chile Relleno is priced at $19[11], while a full ribeye ranges from the mid-$30s to mid-$40s.
| Feature | Details |
|---|---|
| Signature Steak | Chile-rubbed ribeye |
| Budget Option | Steak Tartare Chile Relleno ($19) |
| Style | Modern Mexican with NYC flair |
| Atmosphere | Casual |
| Drinks | Mezcal cocktails |
Atla focuses on fresh ingredients, lighter options, and shareable Mexican-inspired small plates. Be prepared for a bit of a wait during peak times, as the restaurant tends to fill up quickly.
For those seeking quality steak with a creative twist, Atla fits the bill while staying wallet-friendly.
6. Empire Steak House
Empire Steak House's Midtown East location offers a blend of elegance and affordability. Established in 2005 by the Sinanaj brothers, this steakhouse has hosted a variety of high-profile guests, including Presidents and celebrities [13].
One standout option is the Porterhouse for Two, priced at $96, which is a competitive deal for Midtown. Here's a quick look at some of their menu highlights:
| Cut | Price |
|---|---|
| Regular Bone-in Ribeye | $49 |
| Porterhouse for Two | $96 |
| Tomahawk Steak (9/10 flavor) | $65 |
| Standard Bar Burger | $17 |
The bar menu adds even more value, with choices like the standard burger for $17 or the premium Kobe Burger for $37. Happy hour deals sweeten the experience further, featuring appetizers like Fried Calamari and Steak Sliders.
Empire Steak House earned an overall score of 85, receiving perfect marks for the quality of its cuts (10/10) and a 9/10 for its pricing strategy [13].
"Empire Steak House stands as a beacon of fine dining... Known for its opulent atmosphere and exceptional cuisine, Empire Steak House offers a unique dining experience that combines the finest USDA Prime dry-aged steaks, fresh seafood, and an extensive wine selection."
– Empire Steak House [13]
Customer reviews echo the quality on offer. Sea B., a Yelp reviewer, praised the experience, saying, "Great martini and excellent burgers" [12].
For those watching their wallets, the regular bone-in ribeye and happy hour specials provide a reliable way to enjoy top-tier dining without breaking the bank.
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7. Swoony's
Swoony's, a welcoming American restaurant in Brooklyn, is known for serving top-quality steaks at wallet-friendly prices. Their standout Hanger Steak, priced at $34, is paired with cowboy butter and a crisp arugula salad. Another favorite, the Short Rib Au Poivre, comes with French fries for $37 [14].
Operating Monday through Saturday from 5:00 PM to 10:00 PM, Swoony's also offers a Chef's Menu for groups of up to 14 people [15]. This makes it a great spot for gatherings, combining affordability with a premium dining experience.
While steaks are the star of the menu, the restaurant's atmosphere is equally noteworthy. It offers a polished yet laid-back setting, striking a balance between elegance and comfort. With an impressive 4.8 rating based on 153 verified reviews [16], Swoony's has garnered high praise from both diners and critics. One reviewer, David Makris, shared:
"The staff is friendly and the ambience is perfect, more upscale than a neighborhood restaurant but not stuffy or stiff." [16]
The Short Rib Au Poivre has received special acclaim, showcasing Swoony's knack for delivering standout flavors without the hefty price tag. This combination of great food, reasonable prices, and a welcoming vibe makes Swoony's a standout choice among New York City's affordable steakhouses.
8. Keens Steakhouse Lunch Menu
Keens Steakhouse, a New York City icon since 1885, offers a lunch menu that’s lighter on the wallet. Lunch is served Monday through Friday, from 11:45 AM to 10:30 PM [17].
For those curious about Keens' legendary mutton but hesitant about dinner prices, the "A Taste of Mutton" is a great choice. At $32, this smaller portion lets you enjoy the famous dish for less than half the price of the full entrée, which costs $73 [17].
Here’s a look at some of the lunch entrées:
| Lunch Entrée | Price |
|---|---|
| George's Turkey Schnitzel | $26.00 |
| Pan-Seared Arctic Char | $39.00 |
| Sautéed Jumbo Shrimp with Spinach | $39.00 |
| Prime Sliced Sirloin Steak (8 oz.) | $42.00 |
Salads are another solid option. The Fried Chicken Salad is $26, the Braised Short Rib Salad is $29, and the Prime Sirloin Steak Salad (8 oz.) costs $42 [17].
If you’re craving sides, choices include a Baked Idaho Potato ($11), Mashed Yukon Gold ($15), Hand-Cut French Fries ($16), and Keens' Creamed or Sautéed Spinach ($17) [17].
Dining at Keens is about more than just food. The restaurant’s historic, club-like atmosphere adds to the experience. While the lunch and dinner menus share many of the same dishes [18], lunch portions are smaller and prices more approachable - without compromising on quality. For more affordable steak options, keep reading.
9. Quality Eats
Quality Eats offers a fresh take on steakhouse dining with a relaxed, modern atmosphere. The 70-seat space, featuring white walls and brick accents, creates a casual yet stylish vibe [21]. The restaurant is known for its focus on affordable cuts of meat, with all steaks priced under $30 [19].
Their menu highlights some lesser-known but flavorful steak cuts. Here are a few standout options:
| Dish | Description | Price Range |
|---|---|---|
| Don Ameche | Sliced filet served over dressed arugula and chicken liver mousse toast, topped with caramelized onions | Under $30 |
| Bavette Cut | The most budget-friendly steak option | $19–$29 |
| Filet Mignon | Served with mustard-peppercorn sauce | Under $40 |
Beyond steaks, the menu is packed with creative dishes. Options like Grilled Nueskes Bacon paired with peanut butter and pickled jalapeño jelly, and Branzino Frites served with zucchini fries, showcase the restaurant’s inventive approach [19].
Sides include brown-bag curly fries, creamed-spinach hush puppies, and baked-potato monkey bread [20]. For shared plates, try the Pork Porterhouse Al Pastor, served with tortillas, cabbage slaw, and pineapple sauce, or the Dr. Pepper Beef Rib, accompanied by nectarine and fennel salad [19].
Desserts bring a playful twist to classics, such as the Black and White Cookie Tart with cookies and cream ganache, and Orwashers Rugelach served with Apricot Cheesecake Swirl Ice Cream on a cakestand [19].
While the casual setting and wallet-friendly prices make it appealing, service can sometimes be inconsistent [21]. Still, Quality Eats is a great choice for those craving quality steaks and inventive dishes without breaking the bank.
10. Harry's NYC
Sitting at 1 Hanover Square in the Financial District, Harry's NYC has been serving customers since 1972 [22]. This family-run steakhouse is well-known for its expertly dry-aged cuts and has become a favorite spot for business meetings and after-work drinks. With its long-standing reputation for quality, it’s a great choice for anyone craving a classic steakhouse experience. Up next, we’ll look at a steakhouse that combines timeless charm with wallet-friendly options.
11. Bowery Meat Company
Bowery Meat Company, located in downtown Manhattan [24], combines the sophistication of a midtown steakhouse with a more relaxed vibe [25]. Known for its top-notch steaks, the restaurant also offers a variety of starters and sides to suit different budgets.
One standout deal is the Sunday Supper: a four-course prix-fixe dinner for $85, featuring a hearty 7oz Argentinian Grass-Fed Filet Mignon. If you're not in the mood for steak, there are plenty of other options on the menu, including these non-steak entrées:
| Entrée | Price |
|---|---|
| Mary's Oven Roasted Heirloom Chicken | $41 |
| Pan Seared Scottish Salmon | $41 |
| Whole Butterflied Mediterranean Branzino | $41 |
| Buffalo Mozzarella Ravioli | $38 |
Kick off your meal with starters like the House-Made Ricotta Cheese ($20) or Baby Gem Caesar Salad ($24). For sides, affordable picks like Salt & Pepper Fries and Crispy Brussels Sprouts & Saba (both $16) are great additions.
Looking for something different? Try the New Zealand Lamb Lollipops ($8 per chop) [23]. The raw bar also offers East Coast Oysters ($4.50 each), West Coast Oysters ($4.75 each), and the SPRITZ Cocktail for $19 [23].
For dessert, indulge in treats like the BMCo Cast Iron Chocolate Chip Cookie ($14) or house-made gelato, with single scoops starting at just $4.
Bowery Meat Company offers a mix of elegance and affordability, making it a great choice for diners seeking quality without breaking the bank. Up next, discover another dining spot that delivers value and flavor.
12. Wolfgang's Steakhouse Bar Menu
Wolfgang's Steakhouse brings its well-known quality to the bar menu, offering a more affordable option without compromising on taste. The bar area, with its spacious counter seating, keeps the same high standards the restaurant is famous for.
The bar menu includes a variety of choices. For example, the Classic Sirloin Burger starts at just $8.95. Add-ons like American cheese ($2.00) and bacon ($4.95) bring the total to $15.90 - still much cheaper than the typical steakhouse entrée.
Here’s a quick look at some of the bar menu options:
| Item | Price |
|---|---|
| Classic Sirloin Burger (base) | $8.95 |
| Canadian Bacon | $4.95 |
| Seafood Pasta | $24.95 |
| Grilled Salmon | $21.95 |
This menu provides a budget-friendly way to enjoy Wolfgang's signature flavors, making it a great find for those looking to save while dining out in NYC.
If you prefer a quieter setting, the Somerville, NJ location offers the same excellent bar menu in a more relaxed atmosphere compared to the bustling Manhattan spots.
With prices that are far below the traditional dining menu - where meals typically start at "$50 and over" per person [26] - the bar menu is a smart choice. Whether you're craving their famous burger or exploring seafood options, Wolfgang's bar menu delivers quality dishes at prices that won't break the bank.
Money-Saving Tips for Steakhouse Dining
Dining out at a steakhouse doesn't have to break the bank. With a little planning and smart choices, you can enjoy a high-quality steak dinner without overspending. Here are some effective tips to help you save money while indulging in delicious steaks.
Time Your Visit for Deals
Many steakhouses offer discounts during off-peak hours. For example, Morton's has a "Power Hour" from 4:00–6:30 PM, Sunday through Friday, featuring discounted drinks and bar bites [28]. Similarly, STK Steakhouse's "$3 $6 $9 Happy Hour" includes reduced prices on signature cocktails and bar menu items [29].
Check Out Special Offers
Fixed-price promotions can be a great way to enjoy a steakhouse meal at a lower cost. Legasea Bar & Grill in Midtown offers an unlimited ribeye and fries deal for $55 per person on Sundays, Mondays, and after Knicks home game wins. This deal also includes a $6 glass of Rosé or American Lager [31].
STK Steakhouse's "Steak Night America" runs from Sunday through Thursday and provides a full meal for $69 per person. The package includes starters, a steak or other entrée, sides, dessert, and wine [32].
Opt for Budget-Friendly Cuts
Choosing alternative cuts of steak can save you money without sacrificing flavor. Jason Jerome, a beef supply chain expert, shares:
"Sirloin steaks are a great budget-friendly option chock-full of flavor" [30].
Here’s a quick guide to some value-oriented cuts:
| Cut | Benefits | Best Use |
|---|---|---|
| Flat Iron | Tender and flavorful | Great ribeye alternative |
| Chuck Eye | Similar to ribeye | Affordable and tasty |
| Flank Steak | Versatile and lean | Perfect for marinating |
| Sirloin | Full of flavor, lean | Ideal for all purposes |
Look for Dining Credits
Promotions offering dining credits can stretch your budget further. For instance, DeStefano's Steakhouse once offered a $40 voucher that could be redeemed for $80 in dining credit [27]. These deals often apply to the full menu, giving you more flexibility.
Explore Bar Menus
Bar menus at steakhouses often feature smaller portions or alternative cuts at a lower price. For example, Fogo de Chão offers an All Day Happy Hour at Bar Fogo, with $5 beers, $8 South American wines, and $10 Brazilian-inspired cocktails [33]. Bar areas can be a great way to enjoy the steakhouse experience without overspending.
Keep in mind that some promotions, like Morton's Power Hour, may not be available on holidays or special occasions like Valentine’s Day, so plan accordingly [28].
Conclusion
Enjoying a good steakhouse experience in NYC without overspending is still achievable, even as dining costs evolve. While "budget-friendly" now often means spending in the mid-$30s to mid-$40s range, there are still places in the city where quality meets affordability.
Take Le Relais de Venise L'Entrecôte, for example. This spot offers an 8-ounce sirloin steak, unlimited fries, and a green salad topped with walnuts for just $34.95 [34]. A perfect example of how great food doesn’t have to break the bank.
"A good steakhouse does the classics well while also featuring product and technique‑driven dishes that go outside the traditional box."
– Michael Mina
"Asking the right questions and getting a full understanding of what is on offer will make your dining experience a more satisfying one overall."
– Michelle Durpetti, Gene & Georgetti
NYC's affordable steakhouses show that you don’t need to spend a fortune to enjoy a satisfying meal. Pairing the money-saving tips from earlier with these carefully chosen venues ensures you can enjoy high-quality steaks without stretching your budget. Whether it’s for a special occasion or just because you’re craving a great steak, these spots strike the perfect balance between cost and quality.
