Annual Thanksgiving Dinner Item Cost
A Thanksgiving feast for 10 people will cost about $58 this year, according to the annual American Farm Bureau Federation’s Thanksgiving dinner survey.
While this is down 5% from 2023, the price is still about 20% higher than five years ago.
As you can see on this chart, the peak Thanksgiving meal price in 2022 was $64, with both turkey and side dish prices reaching highs.The classic dinner’s grocery bill is a mixed bag of savings and squeezes this year.
Seven items dropped in price, including turkey, sweet potatoes, frozen peas, a vegetable tray of carrots and celery, pumpkin pie mix, pie crusts and whole milk. The remaining four items; dinner rolls, fresh cranberries, whipping cream and cubed stuffing rose in price.
The price of turkey accounts for about 44% of the meal bill. Farmers raised about 6% fewer turkeys this year due to the impacts of Highly Pathogenic Avian Influenza, with U.S. turkey production reaching the lowest level since 1985. However, Americans ate less turkey this year, so prices dropped for shoppers.
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