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Thanksgiving Dinner Costs Drop 5% From 2023, Still 19% Higher Than Pre-Pandemic Levels

The American Farm Bureau Federation reports a $58.08 average cost for a 10-person meal, but regional disparities and inflation concerns persist.

  • The cost of a traditional Thanksgiving meal for 10 people has decreased to $58.08 on average, a 5% drop from 2023, according to the American Farm Bureau Federation.
  • While prices are lower than last year, they remain 19% higher than in 2019, reflecting ongoing inflationary pressures since the pandemic.
  • Turkey prices have fallen by 6% compared to 2023, with a 16-pound bird averaging $25.67, but side dishes like dinner rolls and cranberries have seen price increases of up to 12%.
  • Regional variations show higher costs in the West, where a meal for 10 averages $67.05, compared to $56.81 in the South, the least expensive region.
  • Many families are adjusting their holiday plans, with reports of smaller guest lists and increased reliance on guests contributing dishes to manage costs.
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