Good news for Thanksgiving lovers – the price of a plate won’t bust your budget too much worse than last year.
The cost of classic holiday dinner, turkey, stuffing, cranberries, pumpkin pie and most of the basic trimmings has increased just 28 cents this year – that’s less than 1 percent since 2011, according to the American Farm Bureau Federation.
The average cost of dinner for 10 is $49.48, a 28-cent price increase from last year’s average of $49.20.
That’s just about 3 cents a person.
The plump turkey will set you back just a little bit more than last year, say experts.
A 16-pound turkey will weigh in at approximately $22.23 this year, about $.66 more than last year.
That was roughly $1.39 per pound, an increase of about 4 cents per pound, or a total of 66 cents per whole turkey, compared to 2011.
“Thanksgiving Dinner is a special meal that people look forward to all year,” said John Anderson, AFBF’s deputy chief economist. “Most Americans will pay about the same as last year at the grocery store for a turkey and all the trimmings. A slight increase in demand for turkey is responsible for the moderate price increase our shoppers reported for the bird,” he said.
Other foods that rose in price? Coffee, onions, eggs, sugar, flour, evaporated milk, butter and brown and serve rolls.
Some foods are cheaper this year.
Milk, half pint of whipping cream, cubed bread stuffing, sweet potatoes, fresh cranberries, green peas, a 30-ounce can of pumpkin pie mix and two nine-inch pie shells were all found to cost less than in 2011.