After tasting the best cuisine at Mérida restaurants, explore the markets, both for cheap Yucatecan meals and ingredients for your own kitchen creations.
Some of your best meals will be had at one of the plastic tables at the market: treats like sopa de lima (a nourishing chicken soup), panuchos, elote (corn on the cob dressed with mayonnaise, cheese and chile powder) and esquite (elote, deconstructed in a cup).
There are dried chiles and spices to take home, sweets, and homemade tortillas for snacking. Even if you purchase nothing, walking through the food markets in Mérida (and most cities) is a pure delight of sights and smells. Food markets can be found off of most plazas in Mérida.
Mercado Lucas de Galvez, near Plaza Grande, is a great place to start.
For further exploration, take a cooking class and market tour with a local guide.
The Yucatan Post with information from fodors.com