New data shows Thanksgiving dinner costs are down — what’s cheaper and still pricey
NY Post
After several years of rising food prices, Americans are finally getting a break at the Thanksgiving table, mainly due to falling turkey costs.
The average cost of a traditional feast for a holiday gathering has dropped this year, according to new data from Wells Fargo and the American Farm Bureau Federation (AFBF), with turkey, dinner rolls and stuffing leading the decline.
While the cost of some sides is still eating into budgets, the overall cost of a traditional meal is down about 3% to 6%.
Wells Fargo estimates that a dinner for 10 costs between $80 and $95, depending on whether shoppers choose store or national brands.
The AFBF pegs the average nationwide cost lower at $55.18, or about $5.52 per person — down 5% from last year, but still roughly 13% higher than before the pandemic.
The cost of a standard meal was lowest in the South at $50.01, followed by the Midwest at $54.38, the Northeast at $60.82 and the West at $61.75, the organization found.
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