This hearty Vegetarian Chili is cozy, budget-friendly, and full of flavor. With beans, spices, and molasses, it’s the perfect comforting meal.Step-by-step photos can be seen below the recipe card.
Toast chili powder, cumin, cayenne, garlic powder, onion powder, and black pepper in your chili pot over medium-low heat until fragrant, about 2-4 minutes.
Add the olive oil, onion, garlic, bell pepper, and salt to your pot.
Stir together and cook until peppers and onions have softened, about 4-6 minutes.
Add the tomato paste, diced tomatoes with juices, diced green chiles with juices, molasses, and water. Stir and simmer for about 5 minutes.
Add kidney beans, black beans, pinto beans, and strained can of corn. Stir together and simmer the chili for about 20-25 minutes, covered. Your chili is done when all of the vegetables are tender.
*I use the brand Grandma's Original Molasses. It's light in color and adds the perfect amount of sweetness to the chili. Don't use blackstrap molasses, which is darker in color and more bitter in flavor.