In Da Compound Warung in Ubud is the best local restaurant in Bali hands down! Their presentation of the food and the setting in a backyard with beautiful decoration make it my favorite restaurant. Your bill will most likely be around 40 dollars for 4 people with drinks and meals which is incredibly cheap! The items I tried were Dadar Gulung (dessert), cold coconut and Nasi Campur (most beautiful decoration).