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mexico city hostel & restaurant recommendations + a budget questions

headed back to mexico for the 1st time in 20 years and it will ne my 1st time in mexico city
way different travel style from then -- drunken debauchery at all inclusives to now solo backpacking and hitting the historical sites and getting into the local cultures
read the forum and lonely planet book so got sites , transportation and the area i want to stay in (Centro Historico) figured out

just seeing if there is any hostels that area anyone would recommend that they have stayed in(private rooms preferred ) recently before i head to and to look to help narrow down my search

any local restaurants that anyone has been to recently that they would recommend ? street to mid range so i can pin them to my map

i went to and its telling me 55$ can $770 peso daily cost
that seems resonable to me but just wanted to double check to see what an average meal cost (2 meals $14can) and a price of beer( 2 beers $6 can) because i do like to partake in some beverages :)

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My husband and I recently stayed in the Centro Histórico and I do recommend it. We stayed at the Chaya B&B, which was amazing, and had a great breakfast. It is definitely not a hostel, but had reasonable prices considering the level of service and made-to-order breakfast.

Los Cocuyos was some really tasty tacos, patronized by a mixture of locals and visitors from around the world. Taqueria el Caifán was also tasty, more of a touristy but also delicious place. We also did a market food tour through Eat Like A Local, which is helpful to know the good spots to stop, and proceeds go to education efforts with kiddos whose families work in the markets.

If you want drinks, and especially if you've never had it, I recommend trying some pulque at someplace like Pulquería las Duelistas. We drink it back home, so we are used to it, but be aware the texture is a little funky!

Mexico City is huge and amazing; it's hard to even begin to recommend things! If you like architecture, I would say that Biblioteca Vasconcelos was something I thought I might not do, and then was beyond happy that I did go. You might check their calendar ; we planned things to go when a children's orchestra and choir were having a concert, and it was such a beautiful environment for it!