What is the most cheapest type of food and toy I can get? Everything on Subeta seems rather expensive.:/

Just buy the items in the Food and Toy shops at the main shops. These are cheap c:
I don't know what the cheapest are, but if you look in the Food Market and Toy Box (Main Shops), you'll find several for under 200 sP each. If it's specifically to keep your pet happy and bloated, I'd suggest the Lakeview Resort on Veta Lake. For 100 sP per day you can keep your pet happy and bloated for up to 2 weeks.