Best-of list · Occasion Guide

The Best Cocktail Bars on a Budget

Great cocktails do not have to cost a fortune. The best cocktail bars on a budget across New York, London and Prague, where skill meets an honest price.

The short answer

Our editors' №1 is Mace.

5 ranked rooms follow. How we picked is at the end of this guide.

Best overallMace
Runner-upMother's Ruin
Third pickLadybird

There is a category of bar that proves quality cocktails do not require luxury prices. The bartenders are excellent, the spirits are well chosen and the ambition is real, but the prices reflect where the bar actually sits, geographically and economically, rather than what the market will tolerate. These bars are harder to find than the expensive ones, since nobody writes breathless articles about an 11-pound Negroni. These are those bars.

Why Some Great Bars Charge Less

The price of a cocktail at a bar is not a reliable signal of its quality. It's a signal of rent, neighbourhood positioning, and the general expectation of the clientele. A bar in Bushwick charges less than a bar in the West Village for the same calibre of drink because the rent in Bushwick is lower and the neighbourhood crowd would stop coming if prices were raised to match. Similarly, a bar in Berlin charges less than a bar in London because Berlin has a lower cost base and a culture that's suspicious of conspicuous pricing. The bars below are good not despite their prices but independently of them.

Editor's №1

Mace

Mace in the East Village is the rare World's 50 Best Bars room that still feels like a neighborhood spot, opened in 2015 by bartender Nico de Soto. Every cocktail is built around a single spice, cardamom, mace or sumac, sourced from his travels, and the list reads like a world map. Drinks land well under what the pedigree suggests. Best early evening, before the small candlelit room fills.

Full listing & hours →

Mother's Ruin

Mother's Ruin on Spring Street is Nolita's go-to neighborhood cocktail bar, a narrow no-reservations room known for boozy frozen slushies and a chalkboard of well-made classics. The crowd is loud and the drinks honest, with bar snacks like fried chickpeas to keep you there. It runs from brunch to late. Best for an unfussy round with friends, when a frozen drink in summer is the move and the tab stays reasonable.

Ladybird

Ladybird in the East Village is a vegan vegetable bar where the cocktails hold their own against the plates, open since 2016 under Overthrow Hospitality. The seasonal small-plates menu pulls the headlines, but the bar pours inventive drinks at prices kinder than the neighborhood average. The room is dim and date-friendly. Best for an early-evening graze, with a cocktail and a few vegetable plates before the dinner rush.

Discount Suit Company

Discount Suit Company hides in a former tailor's store room off Wentworth Street, a low-ceilinged Spitalfields cellar going since 2014. The classically built cocktails come to a soundtrack of Northern Soul and vintage rock and roll, and the prices sit well below the Shoreditch bars a few streets over. It packs out fast. Best on a weeknight, when you can still claim a stool before the after-work crowd arrives.

Full listing & hours →

Black Angel's Bar

Black Angel's Bar sits in a Gothic cellar under Prague's Old Town Square, a candlelit 1930s-style room in the Hotel U Prince with no phone signal by design. The bartenders build precise martinis and Old Fashioneds alongside drinks spun from Czech spirits like Becherovka, and Prague's cost base keeps a world-class round affordable. Open 5 PM to 3 AM. Best late, when the no-photo rule and the dark vaults do their job.

Weekly picks

The bars worth going to, weekly.