Just as cheap food isn't necessarily good food, so good food isn't necessarily cheap. How to strike a balance? The great thing about Hong Kong is that it's a city that loves to eat, and not everyone can afford to dine somewhere fancy three times a day. And so there are many restaurants in Hong Kong that not only provide top-quality menus, they are also very reasonably priced. Visitors looking for good value should start with the city's myriad Chinese restaurants, like Super Star Seafood; however there are plenty of international eateries that also cater to the thrifty diner, such as Classified.
One tip that every visitor to Hong Kong should look out for: many restaurants run an "early bird special" at lunch times. Arrive before the rush (noon is a typical start time) and finish within a set time, and you can eat for a set price. The food and the surrounds are just as good, but the restaurant benefits as it makes use of the extra seats, while diners get a great meal deal. Early bird specials are usually advertised by a notice outside the restaurant, so keep your eyes peeled as you walk around the city. Note that early bird specials usually only operate on working days.