The chuck-eye steak is sometimes known as the poor man's ribeye. They're taken from the same part of the cow as the ribeye, the upper rib cage, specifically from the fifth rib. They are generally more affordable than ribeye steaks. What distinguishes a chuck-eye steak from a rib-eye is in its flavor and texture. Since this area is closer to the shoulder of the cow, it gets much more exercise. This makes it leaner and, therefore, less flavorful and a bit tougher. Still, when prepared properly, it can make a delicious meal.