The cost of this year’s Thanksgiving feast is up a penny per person, but still comes in at under $5.00 each for a party of ten.
The American Farm Bureau Federation’s 34th annual survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $48.91, or less than $5.00 per person. This is a 1-cent increase from last year’s average of $48.90.
The centerpiece on most Thanksgiving tables – the turkey – costs slightly less than last year, at $20.80 for a 16-pound bird. That’s roughly $1.30 per pound, down 4% from last year. The survey results show that retail turkey prices are the lowest since 2010.
Get all the details from AFBF and watch this video with AFBF Chief Economist Dr. John Newton hitting all the highlights.