Turkey tab: How much will you pay for that Thanksgiving meal?
While the holidays always seem to bring stress about family and finances, experts say Thanksgiving won’t be as much of a burden this year.
According to a survey released from the American Farm Bureau Federation, the average cost of this year’s meal for a family of 10 will be $49.04, which is a slight drop from last year’s price.
The survey included prices for turkey, bread stuffing, sweet potatoes, rolls with butter, peas, cranberry sauce, a relish tray of carrots and celery and pumpkin pie with whipped cream.
It also included coffee and milk.
Bob Stallman, president of the AFBF, said, “The cost of this year’s meal, at less than $5 per serving, remains an excellent value for consumers.”
Experts say that while half of the items became more expensive while the other half dropped in price.
If you are looking to save a little cash, prices on the turkey, rolls and green peas fell from last year.
A 16 pound turkey came in at $21.76 this year.
“Special sales and promotions on turkey and other holiday food items will continue right up to Thanksgiving,” John Anderson, AFBF’s deputy chief economist, explained. “If you have the patience to wait until the last minute to buy a turkey you might come home with an exceptional bargain.”
However, sweet potatoes, pumpkin pie mix and milk were responsible for the largest price jump.
Volunteers were not able to take advantage of special promotional coupons or purchase deals but were told to search for the best bargain.