Dining Out in Chicago on a Budget

Between the risings costs of gas and food and the uncertain housing market a lot of Americans are cutting back on their spending.

Expenses deemed as extras or treats are being replaced by items like necessities and savings. Just this week Starbuck’s announced that they will be closing 600 of their stores and cutting 17% of their work force.

Instead of picking it up on the road people are bringing it from home. And instead of going out people are staying in.

According to a recent study done by the research consulting firm Mintel,

“Seventy percent of those trying to cut back are saving money by going out to eat less”

Mintel goes on to report that people are opting not to go out to eat all together rather than order cheaper entrees or eat at more affordable restaurants.

“Over half (54%) of people who dine out regularly are
cutting back on restaurant spending”

Maybe this is an acceptable change in dining for other cities, but this is Chicago. A city rich with culinary options that are finally now getting the national attention they deserve.

We are home to some of the best culinary minds in the United States, some even say the world. Charlie Trotter, Rick Bayless, Gail Gand and Rick Tramonto.

And there are bright new stars coming up behind them. In its latest issue, Food and Wine magazine named two of our own as part of their “Best New Chefs” class.

Bravo’s critically acclaimed reality competition show “Top Chef” was based here and the woman that won the title of Top Chef, a Chicago girl.

So, even though the consultants and trend specialists are telling you to stay in, if smartly done you can still go out. And what meal doesn’t taste just that much better than one gotten for a deal.

Go on off nights – A lot of restaurants offer specials on nights earlier in the week. Half price wine night or specially priced entrees. Keep an eye out for restaurants that offer these off night values and take them up on it.

Eat in the bar – Sometimes a smaller more inexpensive menu is offered in a restaurant’s bar. It could be during their Happy Hour.

Prie Fixe – Chef’s will choose a specific menu and the price is set. It usually includes 3 courses, an appetizer, entrée and dessert and is priced about $25/person. It’s a great way to try out a restaurant that ordinarily could be out of your price range.

BYOB – No sweeter words were written than Bring Your Own Booze. There are a number of Chicago restaurants that don’t have liquor licenses, but are happy to serve you the wine or beer you brought in. Many establishments will open your bottles for free; some charge a nominal fee either per person, bottle or table. Great for weekend dining on a budget.