Summary
The American Farm Bureau Federation reports that the Thanksgiving dinner cost in 2025 is the lowest in four years, averaging $55.18 for a classic dinner for ten, down 5% from the previous year. Despite lower turkey prices, political disagreements persist over overall grocery costs, with some arguing tariffs and corporate actions are still elevating prices. Retail promotions and discounts make the meal cheaper, though the experience may vary for consumers depending on specific items purchased.
Key Facts
- The American Farm Bureau Federation states the average cost for a Thanksgiving dinner in 2025 is $55.18.
- This price is down 5% from last year and the lowest since 2021.
- Turkey prices are lower, with a 16-pound turkey averaging $21.50, a 16% drop.
- Retailers like Walmart and Aldi offer promotional prices, reducing meal costs further.
- President Trump has highlighted these lower prices as a sign of a strong economy.
- Critics, including some Democrats, argue that tariffs and corporate behaviors raise other food costs.
- Fact-checkers note that some promotional meals have fewer items or store-brand swaps.
- Inflation has affected produce and specialty items, which can make groceries feel more expensive for some.
