Well, it’s official: Your Thanksgiving feast is going to cost a whole lot more this year.
According to the American Farm Bureau Federation (AFBF), a Thanksgiving dinner for ten will be $53.31, up 14% from last year’s average of $46.90.
The biggest contributor will be the turkey as a 16-pound bird will cost $23.99.
Nearly everything at the dinner table will cost more, from rolls to cranberry sauce to coffee.
“Several factors contributed to the increase in average cost of this year’s Thanksgiving dinner,” said AFBF Senior Economist Veronica Nigh. “These include dramatic disruptions to the U.S. economy and supply chains over the last 20 months; inflationary pressure throughout the economy; difficulty in predicting demand during the COVID-19 pandemic and high global demand for food, particularly meat,” she explained. Further, “The trend of consumers cooking and eating at home more often due to the pandemic led to increased supermarket demand and higher retail food prices in 2020 and 2021, compared to pre-pandemic prices in 2019.”
Who’s hungry?
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