Tuesday, November 24, 2015
THANKSGIVING DINNER COST UP SLIGHTLY
The American Farm Bureau Federation’s annual informal price survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $50.11, a 70-cent increase from last year’s average of $49.41. The big-ticket item – a 16-pound turkey – came in at a total of $23.04 this year. That’s roughly $1.44 per pound, an increase of less than 9 cents per pound, or a total of $1.39 per whole turkey, compared to 2014. The survey’s shopping list includes turkey, bread stuffing, sweet potatoes, rolls with butter, peas, cranberries, a relish tray of carrots and celery, pumpkin pie with whipped cream, and coffee and milk. The average cost of the dinner has remained around $49 since 2011. This year’s survey totaled over $50 for the first time.
Source: American Enterprise Institute, 11/19/15, Thanksgiving Dinner