New York City Visitors Should Consider Michelin Guides' New Way to Find High-Quality, Budget-Priced Meals

In the battle between restaurant-rating services -- Zagat versus Michelin -- neither is particularly well known for its attention to cost-conscious decisions. But that may have changed. The 2012 edition of the Michelin Red Guide to New York City, singles out 114 "Bib Gourmand" restaurants that offer an excellent value -- defined as places where you can get a full meal (two courses, plus wine or dessert) for less than $40.

In a city where restaurant bills can easily creep towards $100, this gives those whose palates are more sophisticated than their investment portfolios 114 chances to dine out in style without breaking the bank.