The average cost of this year's Thanksgiving Day meal for 10 people is $48.91, a one-cent increase from last year, according to the American Farm Bureau Federation’s annual survey of classic Turkey Day items.
The survey’s shopping list includes turkey, stuffing, sweet potatoes, rolls with butter, peas, cranberries, a veggie tray, pumpkin pie with whipped cream, coffee, and milk. It included quantities to serve a family of 10 with sufficient leftovers.
According to the survey, 92% of participants celebrate Thanksgiving at home or at a family member’s home, and most cook their entire meal at home.
The turkey, cubed bread stuffing, and canned pumpkin pie mix were a few items that showed a slight decline in price from a year before. The price of the turkey dropped 4%, to $20.80 for a 16-pound bird, the lowest retail turkey price since 2010.
The foods with price increases this year includes dinner rolls, sweet potatoes and milk.
In a new Farm Bureau survey, three out of four Americans are interested in learning more about their food and how it is produced. The survey showed 88% of Americans trust farmers and how they grow their food. Most Americans were surprised to learn that the farmer’s share of the food dollar is so small.
“Americans continue to enjoy the most affordable food supply in the world, but most don’t realize only 8 cents of every dollar consumers spend on food goes to farmers,” said AFBF Chief Economist John Newton in a press release.
The survey did consider non-traditional foods that families add to their Thanksgiving dinner, including ham, potatoes, and frozen green beans. Adding these foods to the classic menu increased the overall cost to $62.32.
The AFBF survey was compiled and price checked by more than 250 volunteer shoppers in 38 states. Farm Bureau volunteer shoppers are asked to look for the best possible prices, without taking advantage of special promotional coupons or purchase deals.
The AFBF Thanksgiving dinner survey was first conducted in 1986, and the menu has remained unchanged since 1986 to allow for consistent price comparisons.
To view AFBF’s year-to-year price comparison, click here.
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