The cost for Thanksgiving dinner this year is the lowest it has been since 2010, according to the American Farm Bureau Federation.
In its annual Thanksgiving dinner cost survey, the agriculture advocacy group found that Thanksgiving dinner for 10 people should cost around $46.90, a 4.1% decrease from last year.
That covers the cost of turkey, stuffing, sweet potatoes, rolls with butter, peas, cranberries, a veggie tray, pumpkin pie with whipped cream, and coffee and milk. The price also accounts for arguably the best part of dinner: the leftovers!
An extended menu, which also includes ham, potatoes and frozen green beans, was priced at $60.11, down 4% from last year.
The Farm Bureau says the centerpiece of the meal saw one of the largest year-over-year price decreases: Turkey prices declined 7%, to about $1.21 a pound.
This year’s prices were calculated from 230 surveys with pricing data from 50 states.
John Newton, the Farm Bureau’s chief economist, said panic purchasing resulting from the coronavirus pandemic could affect supply, but that as of last week, “turkeys – and other staples of the traditional Thanksgiving meal – are currently in ample supply at grocery stores in most areas of the country.”