Summary
The American Farm Bureau Federation says Thanksgiving dinner for 10 people will cost less this year, dropping to $55.18, which is the lowest price since 2021. Despite some items increasing in price, like fresh vegetables and sweet potatoes, the cost of turkey significantly declined by over 16%.
Key Facts
- The average cost of a Thanksgiving dinner for 10 is $55.18, 5% lower than in 2024.
- Turkey prices dropped significantly, with a 16-pound bird costing $21.50, down more than 16% from last year.
- The decline in turkey prices is happening despite a tighter supply and higher wholesale costs.
- Prices for grocery staples like dinner rolls and stuffing mix also decreased this year.
- Fresh vegetables and sweet potatoes increased in price, with a veggie tray costing 61% more and sweet potatoes up 37%.
- Weather disruptions and agricultural challenges, including hurricane damage in North Carolina, affected fresh produce prices.
- The South reported the lowest regional average for a Thanksgiving meal at $50.01, while the Western states had the highest at $61.75.
- The American Farm Bureau Federation has been tracking Thanksgiving food prices since 1986 for consistent comparisons.
