World's Cheapest Michelin Spot Opens In NYC

Nothing tops $5.50

Tim Ho Wan, which holds the title of cheapest restaurant in the world, just opened in Manhattan's East Village serving its iconic dim sum—barbecue pork buns, steamed rice rolls and dumplings—all for $5.50 or less. Despite freezing temperatures, a line down the block has already formed.

The restaurant, first opened in 2009 in Hong Kong by Mak Kwai Pui and Leung Fai Keung, garnered a Michelin star in its debut year and has gone on to open 40+ locations throughout Asia and in Australia.

Fans of those locations will recognize the house's signature dishes here, as chef Wai Chan spent several weeks training in Hong Kong, Eater reports. The menu is almost identical, with two new additions: a deep-fried vegetable spring roll and a French toast with custard filling. There's also alcohol and a mango slush.

The 60-seat restaurant is soft-open for the next month, meaning hours are limited, but things will get into full swing on January 18. Best to bundle up before heading over.