Zipolite is a beach and a small village in Mexico with a distinctive hippy vibe. It is probably most well-known for its clothing-optional beach policy.
Huatulco International Airport is 45 KM from Pochutla. Twelve KM then to Puerto Angel. Taxis await on the HWY 200 turn off. Taxis run from the nearby town of Puerto Angel, or its a fairly pleasant, although dangerously narrow no shoulder 4km walk down the road. From Puerto Angel, you can catch a camioneta up to San Pedro Pochutla, where you can catch buses to Oaxaca and the nearby coastal cities.
You can walk through the jungle to nearby towns farther west along the coast to Mazunte where you can see a Turtle museum. Collectivos will take you back, but be careful not to get caught out too late after they stop running.
The paved main street is closed to traffic after 6.00ish and the road turns into a lovely walking eatery and vendors selling wears of all artistic bends. Live music often is spontaneous. Overall very good food for cheap prices at almost all places. El Piedra del Fuego has consistently given the most food of high quality for the best pricing.
A pizzeria is run by a French couple serving up a wide variety of delicious pizzas for approximately 5USD each. The pizzeria has tables right on the beach with a good view of the strip.
There is a taqueria on the main street near Azul Profundo (to the left if you are standing in front of it). Eggs for breakfast are 30 pesos and quesadillas and tacos are 5 pesos. Very good and cheap. Look for the grill set up right in front of the place very close to the street and some plastic patio tables and chairs.
Along the beach is a restaurant called "Sal y Pimienta" (Salt and Pepper). They serve fantastic food right on the beach. They have awesome burgers, fresh fish right from the ocean and much more.
There are a large number of low cost rooms along the beach of varying quality.
* El Alquimista Seems to be a very nice and more comfort place 
* Lo Cosmico A hippie place: Cheap without luxory 
La Roca Blanca hotel and restaurant has clean rooms with beach access for $30 a night but longer stays bring down the nightly rate. 2013 writing prices are $210 for two weeks, $300 for a full month. Next door on beach San Cristobal hotel with daily cleaning goes for $80 a night but bargaining can get price down to $60 a night.