Question of the Day: What's the average cost of a Thanksgiving dinner for ten?
It's time to talk turkey about the cost of this year's potatoes and gravy.
Answer: $61.17, down 4.5% from last year!
- Have you noticed any other prices for items leveling out or reducing after the last few years of high inflation?
- Assuming you have $61 to spend, what food items would you add to this list for Thanksgiving dinner?
- Do online research to make sure you’re not spending more than $61.
- What are you thankful for this Thanksgiving season?
Behind the numbers (Reuters):
"With gas prices and airfares falling it will be cheaper for Americans to get to Grandma's or wherever they celebrate Thanksgiving this year, and when they arrive they'll find another happy price shock: The turkey and sides will cost less than last year.
The American Farm Bureau Federation's annual survey of holiday food prices out Wednesday shows the full spread will run a party of 10 about 4.5% less in 2023 than in 2022.
The bureau annually gets a nationwide group of shoppers to price 11 ingredients needed for the traditional meal of turkey, stuffing, sweet potatoes, rolls, peas, cranberry sauce and pumpkin pie, a menu that might trigger mealtime dissent about the peas but, this year at least, not about the cost. Seven of the 11 ingredients saw price declines over the year, including the centerpiece poultry down 5.6%, to $27.35 for a 16-pound bird, as of the first week of November compared to the year before."
Looking for more Thanksgiving-related resources? Be sure to check out the NGPF PROJECT: Plan a Friendsgiving dinner
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