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Cost of Thanksgiving Dinner Up 20 Percent in 2022

11/21/2022

According to the American Farm Bureau Federation, the cost of a traditional Thanksgiving dinner for ten diners increased by $6.50 per person to an average of $64 for the meal using a standard list of ingredients.  The cost was based on prevailing supermarket values in late October and included turkey at $1.81 per pound.  Escalation in cost reflects commodity prices influenced by world markets and the situation in Ukraine in addition to inflation in transport costs, labor and energy in the U.S.