Expect a More Affordable Thanksgiving Meal This Year

American Farm Bureau annual survey finds price of Thanksgiving meal staples slightly down from last year

Published on: Nov 15, 2013

Items that showed a moderate price increase from last year included three pounds of sweet potatoes, $3.36; one gallon of whole milk, $3.66; and a 30-ounce can of pumpkin pie mix, $3.10.

In addition, a combined group of miscellaneous items, including coffee and ingredients necessary to prepare the meal – onions, eggs, sugar, flour, evaporated milk and butter – increased to $3.20. A one-pound relish tray of carrots and celery increased to 81 cents.

Expect a More Affordable Thanksgiving Meal This Year

Average cost remains the same

The average cost of the dinner has remained around $49 since 2011. Further, Anderson noted that despite retail price increases during the last year or so, American consumers have enjoyed relatively stable food costs in general over the years, particularly when adjusted for inflation.

The stable average price reported this year by Farm Bureau for a classic Thanksgiving dinner tracks closely with the government's Consumer Price Index for food eaten at home, which indicates a 1% increase compared to a year ago.

The survey shows similar results to a survey released this week by Purdue University economists, which suggested that Thanksgiving dinner with trimmings would be roughly the same price as last year.

Source: AFBF