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Home » Recipes » Appetizers

Low Carb Million Dollar Dip

by Oscar Chimenti, Last Modified: June 29, 2022 This post may contain affiliate or sponsored links. See the Disclosure Policy linked in my footer.

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white bowl with low carb million dollar dip around mixed veggies.

Feel like a million bucks with this Low Carb Million Dollar Dip. Super rich and creamy made with 4 different kinds of cheese, bacon crumbles, and toasted slivered almonds.

Serve this dip at your next get-together or keep it in the fridge whenever you have the urge for a satiating snack. Dip with fresh veggies like peppers and celery or some crunchy pork rinds.

this recipe

I was drooling when I saw Ree Drummond make this Million Dollar Dip recipe on The Pioneer Woman cooking show.

The original recipe was already low carb, so I only made some minor modifications. I like to serve it with big chunks of veggies to balance out the richness in the dip. A perfect diabetic-friendly snack. If you love this keto million dollar dip recipe, check out my Whipped Low Carb Ricotta and Feta Dip recipe.

Jump To:
  • Main ingredients used to make low carb million dollar dip
  • Steps by step instructions
  • Other low carb recipes you might enjoy
  • Recipe tips
  • Recipe variations
  • Frequently asked questions
  • Low carb dessert recipes you might enjoy
  • Low Carb Million Dollar Dip

Main ingredients used to make low carb million dollar dip

Made with 4 different kinds of cheese, crumbled bacon and creamy mayo with green onions, slivered almonds and spices.

ingredients used for low carb million dollar dip.
  • Cream cheese: that mildly sweet taste and pleasant tang make this pie feel like a cheesecake. I use full-fat cream cheese.
  • Mayonnaise: adding a rich and creamy texture to this delicious dip.
  • Swiss Cheese: sweet, mild and nutty flavours added to this cheesy recipe.
  • Cheddar Cheese: I used an old cheddar cheese with an assertive flavour and more crumbly than other cheddars.
  • Blue Cheese: pungent with a distinct sharp and salty flavour yet creamy and soft.
  • Toasted Slivered Almonds: giving a slight crunch to this creamy dip adds a welcomed contrasting texture.
  • Bacon: giving this dip a meaty umami flavour that can only be delivered by crumbly bacon.

Steps by step instructions

How to make low carb million dollar dip?

STEP 1: In a large bowl combine the softened cream cheese and mayonnaise with a rubber spatula until creamy.

mixing the mayonnaise and cream cheese.
Mixing the mayonnaise and cream cheese.

STEP 2: add the cheddar, swiss and blue cheese and mix again. Break down the shreds of cheese so that it is incorporated evenly thorughout.

mixing the cheese with the mayonnaise.
Mixing in the cheddar, swiss and blue cheese.

STEP 3: add the remaining ingredients and mix until all ingredients are mixed through.

mixing all ingredients in a glass bowl with a blue rubber spatula.
mixing the remaining ingredients.
  • STEP 4: Cover with plastic wrap and store in the fridge for 4 hours before serving. Garnish with more sliced green onions and serve with your favourite crunchy veggies sliced into thick pieces, pork rinds or low carb crackers. This dip can also be used as a spread.
white bowl with low carb million dollar dip around mixed veggies.

Other low carb recipes you might enjoy

  • Low Carb Asian BBQ Brussel Sprouts (Air Fryer)
  • Tajin Chicken Wings
  • Citrus Marinated Olives and Feta
  • Marinated Mozzarella Balls
  • Low Carb Chicken Fajitas

Recipe tips

Top Tip: the low carb million dollar cream cheese dip is quite thick and requires veggies that are strong enough to scoop into the dip. If using bell peppers, slice them thick so they can be used kind of like a shovel to scoop out the dip. Crackers should also be thick enough to scoop into the dip. Celery and pork rinds are fine.

Snack: I like to make this dip on the weekend and then have it in the fridge to snack on during the week. I also prep and slice peppers and celery and keep them in a covered glass container so I can grab a low-carb snack any time of the day.

As someone with diabetes, I like to keep snacks like this on hand, which is helpful if I feel my blood sugar is low. This recipe is also on my list of super bowl snacks when I have the crew over to watch the game.

Spread it: this dip can also be used as a spread in sandwiches, on burgers, or in a low-carb lettuce wrap or tortilla.

  • Set in the fridge: 4 hours should be enough time to sit in the fridge, make sure to cover with plastic wrap.
  • Serving: this dip is super filling and is a great appetizer or to nibble on as a snack. I loved the contrast of the fresh veggies with this dip to cut through the richness.
  • Storage: store in an airtight container in the fridge for up to 4 days.

Recipe variations

This low carb dip is a great option to serve at large gatherings but due to some dietary restrictions, not everyone can enjoy it. Here are some ways to change it up.

  • Vegetarian - swap out the bacon and add some salty green or black olives to make this a vegetarian dip.
  • Nut-Free - omit the slivered almonds in case any of your guests have a nut allergy.
  • Make two dips - this low carb dip recipe makes quite a lot, why not divide it into two before adding the bacon or nuts? Have one with bacon and one with nuts or however you think your guests would desire.

This recipe is also gluten free.

Frequently asked questions

Is this low carb million dollar dip recipe also keto?

This recipe is keto friendly and can fit into a keto way of eating as it is only 3 net carbs per ¼ cup (32 grams).

Can I use different cheeses for this dip?

Yes, swap out the cheddar, swiss or blue cheese with your favourite cheese. Gruyere, comte and gorgonzola cheese would be a nice combo but feel free to play around and have fun with it.

Low carb dessert recipes you might enjoy

  • Sicilian Almond Cookies (Low Carb)
  • Sugar Free Butter Pecan Ice Cream (Ninja Creami)
  • Keto Strawberry Mousse (Sugar Free)
  • Keto Lemon Mousse (Sugar-Free)
white bowl with low carb million dollar dip around mixed veggies.
white bowl with low carb million dollar dip around mixed veggies.

Low Carb Million Dollar Dip

Oscar
This low carb million dollar dip is super rich and creamy made with cheese, bacon crumbles and slivered almonds.
5 from 46 votes
Print Pin This Recipe
Prep Time : 5 mins
Cook Time : 0 mins
Total Time : 15 mins
Course : Appetizer
Cuisine : American
Diet : Diabetic, Gluten Free
Servings : 20 people
Calories : 196

Equipment

  • Large Glass Mixing Bowl
  • Rubber Spatula

Ingredients
  

  • 8 oz cream cheese softened
  • ¾ cup mayonnaise
  • 1 cup swiss cheese shredded
  • 1 cup cheddar cheese shredded
  • ¼ cup blue cheese crumbled
  • ½ cup slivered almonds toasted
  • 8 slices bacon cooked and crumbled
  • 4 green onions sliced
  • ⅛ teaspoon salt
  • ⅛ teaspoon black pepper
  • ¼ teaspoon garlic powder
  • ⅛ teaspoon cayenne pepper
Get the New E-bookCheck out Low Carb Comfort Food!

Instructions
 

  • In a large bowl combine the cream cheese and mayonnaise.
  • Add the cheddar, swiss and blue cheese and mix until evenly combined.
  • Add the remaining ingredients and mix through.
  • Cover with plastic wrap and store in the fridge for 4 hours before serving.
  • Garnish with sliced green onions and serve with veggies, pork rinds and low carb crackers.

Notes

Top Tip: the low carb million dollar cream cheese dip is quite thick and requires veggies that are strong enough to scoop into the dip. If using bell peppers, slice them thick so they can be used kind of like a shovel to scoop out the dip. Crackers should also be thick enough to scoop into the dip. Celery and pork rinds are fine.

This recipe card provides the basic details to make this recipe. For more information, questions or variations please review the content above the recipe card.

Updates and Revisions

If conflicting information between the video and recipe card, the recipe card will always have the most up to date information, ingredients and instructions.

Click here to add your own private notes.

Nutritional Information

All nutritional information is based on third-party calculations and should be considered estimates. Actual nutritional content will vary with brands used, measuring methods, portion sizes and more.

Serving: 32g | Calories: 196kcal | Carbohydrates: 4g | Protein: 7g | Fat: 16g | Fiber: 1g | Sugar: 0g
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Food safety

  • Cook to a minimum temperature of 165 °F (74 °C)
  • Do not use the same utensils on cooked food, that previously touched raw meat
  • Wash hands after touching raw meat
  • Don't leave food sitting out at room temperature for extended periods
  • Never leave cooked food unattended
  • Use oils with high smoking point to avoid harmful compounds
  • Always have good ventilation when using a gas stove

See more food guidelines

More Appetizers

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  • Air Fryer Bacon Wrapped Jalapeño Poppers
  • Air Fryer Butternut Squash
  • Low Carb Pizza Bowl

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    Recipe Rating




  1. Natalie

    May 13, 2022 at 4:10 am

    5 stars
    Oscar, I just can't thank you enough for this recipe! My guests and I loved it.

    Reply
  2. Megan

    May 12, 2022 at 6:50 pm

    5 stars
    One of my favourite dips. It is so easy to make and has taste and texture. Thanks Oscar.

    Reply
  3. Kayla DiMaggio

    May 12, 2022 at 9:44 am

    5 stars
    this million dollar dip was amazing! It was the perfect dip to bring to a baby shower that I attended! Everyone loved it and asked for the recipe!

    Reply
  4. Nora

    May 12, 2022 at 2:45 am

    5 stars
    It turned out perfectly! So delicious! Thank you for sharing this awesome recipe!

    Reply
  5. Jean

    May 12, 2022 at 12:09 am

    5 stars
    I love making dips at home, and this one is such a winner too. So creamy and flavorful.

    Reply
  6. Alexandra

    May 11, 2022 at 10:47 pm

    5 stars
    This dip is delicious! Such great flavours and textures - a winner, and perfect for entertaining.

    Reply
  7. Brittany F.

    April 29, 2022 at 11:14 pm

    5 stars
    I can never go wrong serving this to family and friends. This dip is so delicious.

    Reply

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I am a Type 2 Diabetic and enjoy creating low-carb and diabetic-friendly recipes that are good for you! All recipes are developed to help you make great food without the highs and lows of diabetes.

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