The Best Steakhouse Values on the Las Vegas Strip
- Keith Salwoski

- 2 days ago
- 4 min read

While the average Strip steakhouse will easily set you back $150 per person, there are a few legendary spots where you can find world-class cuts without the "resort tax" sting. Here is our definitive guide to the best steakhouse values on the Las Vegas Strip.
1. The Undisputed Value King: The Steak House at Circus Circus
Location: North Strip
Don't let the clowns and carnival games fool you. Tucked away in the back of Circus Circus is one of the most respected steakhouses in Las Vegas history. It has won "Best of Las Vegas" more times than we can count, and for one reason: Old-school value.
Why it’s the Best Value:
The "All-Inclusive" Meal: In an era where most steakhouses charge $18 for a side of potatoes, The Steak House still serves full dinners. Your steak price includes a fresh vegetable, your choice of potato (the baked potato is massive), and your choice of black bean soup or a house salad.
Dry-Aged Quality: They dry-age their beef on-site in a glass-enclosed room you can see from the entrance. A 16oz Prime Rib or a New York Strip here often costs 30-40% less than the exact same cut at a "trendier" resort.
LAS PRO TIP: This place is no secret to locals. Reservations are mandatory and often fill up weeks in advance. If you can’t get a table, try arriving right when they open to snag a seat at the small, mahogany bar.
2. The "Vibe" Value: STK at The Cosmopolitan
Location: Center Strip
Usually, "vibe dining" means you’re paying for the DJ and the décor rather than the food. STK is definitely a party, but it makes our value list for one specific reason: The 7-7-7 Happy Hour.
Why it’s High Value:
The $7 Menu: Every Monday through Friday (and often late-night), STK offers a Happy Hour in the bar and lounge with $7 cocktails and $7 bites.
The Lil' BRGs: Their famous Wagyu sliders (Lil' BRGs) are on the happy hour menu. You can soak up the high-end Cosmopolitan atmosphere, enjoy a few sliders and a martini, and walk out for under $40.
LAS PRO TIP: STK is notoriously loud. If you want the value of the happy hour but actually want to hear your companions speak, aim for the earliest possible slot (usually 3:00 PM or 4:00 PM) before the DJ turns the volume up to eleven.
3. The Modern Classic: Bavette’s Steakhouse & Bar
Location: Park MGM
Bavette’s (originally from Chicago) is widely considered one of the best overall dining experiences on the Strip. While the prices are "standard" high-end, the portion sizes and "no-fee" environment give it a massive value edge.
Why it’s High Value:
Massive Portions: The sides here are truly meant for 3-4 people. If you are dining as a couple, one steak and two sides is more than enough food.
The "No-Corkage" Policy: Bavette's is famous for allowing guests to bring their own bottle of wine for a very modest fee (or sometimes free if you share a glass with another table—ask your server for the current "social" policy). In a town where wine markups are 300%, this is a huge money-saver.
Park MGM is Smoke-Free: You won’t have to spend money on dry cleaning your suit the next day. The entire resort is non-smoking.
LAS PRO TIP: Order the Spiced Fried Chicken as a side or an "entry" dish. It is surprisingly affordable compared to the steaks and is arguably some of the best fried chicken in Nevada.
4. The Local Secret (Just Steps Off-Strip): Ellis Island BBQ & Steakhouse
Location: Koval Lane (Behind Horseshoe)
Okay, it’s technically one block behind the Strip, but we have to include it. If your budget is tight, this is the only place to go.
Why it’s High Value:
The Legendary Steak Special: For years, Ellis Island has offered an off-menu steak special. It’s an 8oz-10oz Top Sirloin served with soup or salad, bread, and a side for a price that usually hovers around $15-$20 (with a player's card). By simply spending a few dollars at a slot machine with your player’s card, you can unlock a full steak dinner with all the fixings for a price that usually stays under $20. Pair it with one of their $3 or $4 house-brewed beers, and you have the most affordable "steakhouse" experience in the entire resort corridor.
LAS PRO TIP: You usually have to play $5 on a machine or "earn" the coupon at the kiosk with your player's card to get the lowest price. It takes two minutes and saves you $10.
Summary: Enjoy Steak Tonight!
Whether you’re after the old-school charm of a mahogany booth or a modern, high-energy lounge, scoring a great steak on the Strip is all about timing and knowing the "unwritten" rules.
From the all-inclusive plates at Circus Circus to the secret specials tucked away at Ellis Island, you don't have to sacrifice quality to save a few bucks. Next time you're craving a world-class cut, skip the tourist traps and head straight for these proven value winners. Your wallet (and your appetite) will thank you.
IN OUR BLOG: Did you know The Venetian has eight steakhouses?




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