Occasion Guide · Richmond Hill

11 Best Cheap Eats in Richmond Hill Under $20: From Korean BBQ to Mexican Street Food

Budget-friendly restaurants in Richmond Hill. Korean BBQ, hotpot, tacos, and more quality meals under $20.

Updated August 10, 2026|By RankIt

Richmond Hill's food scene has a quiet secret: the best meals happen when you stop chasing expensive tasting menus and start eating where locals actually go. From hotpot tables where you cook exactly what you want to Korean BBQ that costs less than a delivery fee elsewhere, this neighbourhood proves that exceptional flavour and serious value aren't mutually exclusive.

The restaurants on this list aren't cheap because they cut corners. They're affordable because they've stripped away the pretense. No white tablecloths. No markup for ambiance. Just quality ingredients, skilled cooking, and portions that respect your appetite and your wallet. Whether you're craving pho that tastes like it simmered for days, tacos that taste like they came from a street corner in Mexico City, or crispy Korean fried chicken, you can eat exceptionally well here for under twenty dollars.

This is where you go when you want to eat well on a Tuesday night. When you want to bring friends without doing mental math. When you want flavour that makes the price feel like a steal.

Loon Fong Hotpot

Richmond Hill

Hotpot is the ultimate budget meal where you control portions and cook exactly what you want. Loon Fong keeps costs low while serving quality broths and fresh ingredients that make the experience feel indulgent without the price tag.

Daldongnae Korean BBQ - Elgin Mills

Richmond Hill

Korean BBQ done right at prices that make it accessible for weeknight cravings. You're cooking meat tableside in a social, casual setting that feels more like hanging with friends than formal dining.

El Bocho

Richmond Hill

This is where Richmond Hill goes for authentic Mexican street food without pretension. Tacos, quesadillas, and those legendary Alitas Chilangas (crispy wings) deliver on flavor at prices that won't stress your wallet. The Sopa Azteca is a meal by itself.

Mexican Amigos - Dine In / Take Out / Delivery / Catering / Private Events

Richmond Hill

Community-loved for a reason. The Papas al Grill loaded fries and flautas punch above their weight at this price point. Wings, nachos, and a Mexican Caesar that actually tastes like someone cared about the proportions.

Hongdae Korean Restaurant

Richmond Hill

Korean comfort food that keeps regulars coming back. Bibimbap, soft tofu stews, and banchan sides that make you feel looked after. The portions are generous and the flavors are honest.

Pho In Love

Richmond Hill

Sometimes all you want is a perfect bowl of pho, and this spot gets it. The broth is the kind that tastes like it's been simmering forever, and a massive, satisfying bowl still lands under budget.

Jatujak - Richmond Hill

Richmond Hill

Thai street food with energy. Pad Thai, curries, and stir-fries that taste like they were made with intention, not shortcuts. The portions are real and the spice levels actually respect your preferences.

Liuyishou Hotpot Richmond Hill

Richmond Hill

Another hotpot gem where the fun of cooking together is built into the price. Multiple broths, fresh proteins, and the kind of interactive meal that makes budget dining feel like an event.

Covernotes Coffee House

Richmond Hill

Coffee and sandwiches that belong on Instagram but won't break the bank. The Avocado and Aged Cheddar sandwich is the kind of simple-but-excellent that makes for a perfect lunch. Their London Fog tea is a standout.

Imperial Cafe & Lounge

Richmond Hill

Casual dining spot where quality doesn't get sacrificed when prices stay down. The vibe is relaxed and the menu offers variety without compromise.

Demetres Desserts Richmond Hill

Richmond Hill

If you're looking to extend your budget meal into dessert without guilt, this is your spot. Crepes and waffles that taste homemade and are priced to make you want to come back weekly.

Frequently Asked Questions

What's the best cheap eat in Richmond Hill if I'm looking for a full meal under $15?

Loon Fong Hotpot and Liuyishou Hotpot both deliver here because you control what goes into your bowl. A hotpot meal with broth, proteins, and vegetables easily sits under $15 and feels indulgent because you're cooking it yourself. If hotpot isn't your mood, Pho In Love serves massive, deeply satisfying bowls of pho well under budget, and El Bocho's tacos or Sopa Azteca are equally filling options that won't strain your wallet.

Where can I get authentic Korean BBQ in Richmond Hill without spending a lot?

Daldongnae Korean BBQ on Elgin Mills is where to go. You get tableside cooking, quality meat, and that social dining experience that makes Korean BBQ special, all at weeknight-friendly prices. It's the kind of place where the cost stays reasonable because the focus is on the food and the interaction, not the decor or the markup.

Are there good options for a quick, cheap lunch in Richmond Hill?

Covernotes Coffee House nails the lunch formula with sandwiches like the Avocado and Aged Cheddar that taste carefully made but land well under $15. For something equally fast, Hongdae Korean Restaurant's bibimbap is ready quickly and genuinely satisfying. Jatujak also moves fast with pad thai and stir-fries that taste intentional, not rushed. All three get you back to your day without the guilt of having shortchanged your lunch.

Taste something on this list?

Get the RankIt app to rank your favourite dishes and see how your picks stack up against the locals.

Free · No paid placements · Made for people who actually ate there

Explore RankIt

Community-ranked restaurants, city by city.

Browse cities →