Question of the Day: What's the cost of a Thanksgiving dinner for 4 in 2020?

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Nov 22, 2020
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Question of the Day, Budgeting

Answer: From $28 to $58 (rounded up) depending on where you shop

Questions:

  • Assume you have an extra $10 to spend, what additional food items would you add to this list for Thanksgiving dinner? 
    • Do online research to make sure you’re not spending more than $10. 
  • What are you thankful for this Thanksgiving season? 

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Extension MATH Activity: Costco was not included given the bulk size of the products they sell (Thanksgiving leftovers might last through New Year’s Day!). Compare the unit price of Costco items to the other four retailers by converting units of measure using this spreadsheet.

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (CNBC): 

For many Americans, Thanksgiving may look a little different this year, thanks to the ongoing Covid-19 pandemic. 

About 1 in 3 Americans are planning to have fewer guests at the meal this year, according to a recent survey commissioned by NCSolutions of over 2,000 adults. That could mean changing up the menu and potentially serving less food.

To find out which retailers are offering the best deals on ingredients for Thanksgiving dinner this year, CNBC Make It shopped the lowest-priced ingredients available on Nov. 6 at Northern New Jersey outposts of five of the most popular national grocery chains: AldiCostcoTrader Joe’sWalmart and Whole Foods Market.

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Additional resource:

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Happy Thanksgiving from the team at NGPF! 

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.