Cost of Thanksgiving Meal Down in 2017
When was the last time you heard about prices actually dropping? Farm Bureau says that the average price for a traditional Thanksgiving Day meal will be slightly down in 2017.
“For the second consecutive year, the overall cost of Thanksgiving dinner has declined,” AFBF Director of Market Intelligence Dr. John Newton said in a news release. “The cost of the dinner is the lowest since 2013 and second-lowest since 2011."
According to Farm Bureau, the average cost of a Thanksgiving meal for 10 is $49.12. That's a decrease of 75 cents from 2016. Contributing to the decrease are lower prices on turkey, milk, flour and eggs, among other items. The average price for turkey is down about 2 cents per pound.
Farm Bureau says that over 140 volunteer shoppers checked prices at grocery stores in 39 states to determine this year's average price for a Thanksgiving meal for 10 people. Farm Bureau has been conducting Thanksgiving price surveys since 1986.