According to the American Farm Bureau Federation’s annual nationwide informal price survey of traditional Thanksgiving food items, the average cost of this year’s meal for 10 people is $49.41, a 37-cent increase from last year’s average of $49.04.
As you may already be thinking, this is a pretty darn conservative estimate, one that’s provided by an industry group with a less-than-subtle interest in emphasizing the affordability of food items. So, these figures should be taken with a grain of salt (figuratively, that is). The estimate assumes extremely low-cost — and likely low quality — ingredients, as well as questionably small serving sizes for 10. But for all us data geeks out there, it’s still worth a look (if only to get a sense of how much cheaper your meal could be if you shopped at bargain basement prices).
The AFBF survey found that this year’s typical 16-pound turkey costs about $21.65, which is actually an 11-cent decrease from last year. Cranberries, stuffing and pie shells also dropped in price from last year. The slight total price uptick is due largely to dairy items, which have gotten slightly more expensive.
Happy Thanksgiving everyone!