Farm bureau survey shows Thanksgiving dinner cost up 20 percent

IARN — Thanksgiving is an important holiday for spending time with family and friends. Farm Bureau’s 37th annual Thanksgiving Dinner survey provides a look at the cost of this year’s classic feast for 10.

This year’s price tag is $64.05, up more than ten dollars from last year’s average of $53.31. It still works out to under $6.50 per person.

The centerpiece is the turkey, which costs more than last year at $28.96 for a 16-pound bird. It’s 21 percent higher than last year.

Other ingredients in the meal include stuffing mix, dinner rolls, milk, sweet potatoes, a veggie tray, pie crusts, and several others. The only traditional ingredient that’s cheaper than last year is a bag of fresh cranberries at $2.57, 14 percent cheaper than last year.

American Farm Bureau Chief Economist Roger Cryan said factors driving the prices higher include general inflation, supply chain challenges, and the war in Ukraine.

Story courtesy of the Iowa Agribusiness Radio Network.

Photo Courtesy of American Farm Bureau Federation (AFBF)

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