For the record 47 million people who rely on food stamps — about 1 in 7 Americans — paying the cost of a full Thanksgiving meal tomorrow may be a bit tougher than it was last year.
On Nov. 1, monthly benefits for most families on the Supplemental Nutrition Assistance Program (SNAP) were reduced by about 5 percent. That amounts to roughly $36 in cuts per month for a family of four — from $668 to $632 — based on maximum benefit levels, according to the U.S. Department of Agriculture, the agency overseeing the program. The reductions stem from Congress’ refusal to renew about $5 billion in additional benefits that were provided as part of the 2009 stimulus bill.
So how does that translate in Thanksgiving dollars?
In its annual survey, the Farm Bureau Federation — a conservative group — calculated the average cost (nationwide) of all the standard fixings in a Thanksgiving meal for 10 people at about $49 – or $4.90 per person. Even assuming the cheapest ingredients and small portion sizes, it’s a very conservative and somewhat dubious estimate and obviously varies significantly by region. But for the sake of argument, let’s use it. (See the last Lowdown post for the breakdown of costs.)