Low Budget is the eighteenth studio album by English rock group the Kinks, released in 1979. Following the minor success of their 1978 album "Misfits", the band recorded the majority of the album in New York rather than London. Unlike the more nostalgic themes of many Kinks albums prior to "Low Budget", many of the album's songs allude to current events of the time. Musically, the album is a continuation of the band's "arena rock" phase, resulting in a more rock-based sound and more modern production techniques.