Thank$giving costs on the rise

Posted on: 8:20 am, November 21, 2012, by

thanksgiving dinner

You probably expected it to cost just a little more this year than last to put on your traditional Thanksgiving feast, but the comparison to years gone by might be surprising.  

The American Farm Bureau Federation says the price of this year’s feast is just under $5 per person, averaging $49.48 for ten people.

That’s turkey, bread stuffing, sweet potatoes, rolls with butter, peas, cranberries, carrots and celery sticks, pumpkin pie with whipped cream and coffee and milk to drink. 

Last year, the average was $49.20 for that same feast.

Turkey prices are up an average of about four cents per pound compared to last year. 

How do this year’s costs compare to decades past?

Ten years ago, in 2002, the same feast for ten people cost $34.36 compared to $49.48 this year. 

Ten years before that, in 1992, it was $26.39 to make that same dinner for ten.

The AFBF starting keeping track of yearly average prices for Thanksgiving dinners in 1986.  Since then, the year for the lowest average cost for the same Thanksgiving meal was 1989 at $24.70.

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