Thanksgiving Turkeys Cheaper This Year, But Holiday Meals Still Cost More Overall
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The cost of turkey is expected to be lower this year compared to 2022, down about 22% according to the American Farm Bureau Federation. This is due to fewer avian flu cases and more turkeys available.
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While turkey prices are down, the total cost of a Thanksgiving meal for 10 is still expected to be slightly higher than last year. Overall food prices are up about 2.4% this year.
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Side dishes like pumpkin pie are estimated to cost about 4% more this Thanksgiving compared to 2022, especially in some metro areas like Seattle.
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In 2022, a 16 lb turkey cost $28.96 ($1.81/lb), stuffing mix $3.88, pie crusts $3.68, and whipping cream $2.24, among other items.
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Total average cost for a Thanksgiving meal for 10 in 2022 was $64.05, according to the Farm Bureau. 2023 estimates not yet available.