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Jump to RecipeCooking on a budget can be really hard. I get it. Somehow you’re through your grocery budget already and you have no food in the house. I’ve been there! Whenever I need to make a grocery run when I have a teeny tiny budget, I turn to a few of my favorite budget-friendly recipes. This cheap Potato Soup recipe is so easy and delicious and costs just a few dollars to make.

Cheap Potato Soup Recipe Ingredients
This recipe takes only 3 ingredients. Yes, you read that right. Only three ingredients!
- Hashbrowns with peppers and onions: Often called O’Brien hashbrowns. I like this bag because of the added flavor from the peppers and onions for a low cost.
- packet country gravy powder mix: you can use what you find at your local grocery store or this one from Amazon
- chicken broth: you can use canned chicken broth, bullion, or homemade chicken stock.
You can also add some toppings to the soup if you’d like. They’re definitely not needed but add a lot! Some potato soup toppings include:
- crumbled bacon
- sour cream
- green onions
- shredded cheese
- salt + pepper

How to Make Potato Soup
We love a cheap meal, but we love an easy and cheap meal even more. This soup is so simple and easy to make and is so delicious. It only takes 3 ingredients and can be put together in 20 minutes. Sounds almost too good to be true, right?
All you have to do to make this soup is follow 3 simple steps.
Step 1: Dump
First, add all of the ingredients into a large pot (here are my favorite budget pots and pans!). Yep, just dump them all in. Set your pan over medium-high heat and stir it up.
Step 2: Simmer
Bring everything to a boil, then reduce to a simmer for around 15 minutes. Cook until the soup reaches the consistency you like. If you want a thicker soup, this will take a bit longer.
Step 3: Serve
Ladle the soup into bowls and serve with your favorite potato soup toppings like crumbled bacon, shredded cheddar cheese, sour cream, or green onions!
Easy and Cheap Meals
If you’re looking for more easy and cheap meals, I’ve got you! Here are a few of my favorites on my site.
If you want even more inspiration, check out my budget meal videos on my channel!
I purchased ur 100+ recipes cookbook. I think at the time of purchase there was a selection for a soup book. I have been looking to purchase ur soup cookbook, but be unable to find it, please help
This is fantastic and SO. EASY. !!!!
After a long & tiring day I decided to make this super quick soup. It’s cold outside and this was the perfect thing to fill our bellies! Unbelievably good and as easy as it gets!
Thank you so much for this recipe!
By far the easiest dinner I have ever made! It was so nice to prep dinner in one minute and be able to play with my kids until dinner was ready. Plus only one pan to clean up! Incredible!
My husband, 16MO & I loved it. We added shredded Colby Jack and some leftover bacon.
My 5 yo did not like it. She said it was too peppery.
All and all will 100% make again.
This recipe scored 100% approval with my family. Cooked it this morning for New Year’s Day. Super easy and quick , very flavorful, and perfect for this cold weather.
In the video with this recipe, you use a whole 28 oz. bag of hashbrowns but the recipe here states to use a 12 oz. bag. Which is correct?
I made this and it was really good. I did change it up slightly:) I cooked sausage in the pan before adding the other ingredients. I’m gluten-free and dairy-free, so instead of trying to find a gravy packet that worked for me I just let the sausage be my seasoning, along with salt, pepper, and garlic powder. I thickened it with some cornstarch. I love how easy and customizable this recipe is.
I just wanted to note, in the ingredients you say you use a 12 oz bag of potatoes, but in the picture (and video) it’s a 1 lb 12 oz bag. I’m not sure they even sell a 12 oz bag!
I’m super anxious to make this pot soup. Looks super tasty and easy!