Thanksgiving Meal Will Cost More This Year

Friday, November 18th, 2022 -- 9:14 AM

If the portions Aunt Sally serves look a little skimpier than usual this Thanksgiving, blame inflation (and maybe bird flu). The average cost of a typical Thanksgiving meal is up 20% from last year, according to the American Farm Bureau Federation’s yearly survey. It’s on track to be the costliest turkey dinner since the survey started 37 years ago.  According to the Wisconsin Farm Bureau Federation, a traditional holiday meal for a family of ten will total around $74.54, which is an increase of $3.05 over last year's average.

While we’re grateful that inflation finally started to cool last month, food prices are still sky-high—for the year, the government expects they could go up as much as 10.5% (compared to a typical 2% rise). And traditional Thanksgiving fixings are no exception, according to the survey:

A 16-pound turkey costs 21% more per pound this year than last year.

Prices for potatoes, pie crusts, canned pumpkin, and stuffing mix have all gone up.  The only holiday staple whose price went down: fresh cranberries.

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