Tags: thanksgiving | dinner | cost | lowest

Thanksgiving Dinner Cost Falls to $46.90, Lowest Since 2010

Thanksgiving Dinner Cost Falls to $46.90, Lowest Since 2010

(Alexander Raths | Dreamstime.com)

Monday, 23 November 2020 09:12 PM

You likely won’t be partaking in a 10-person Thanksgiving dinner this year.

But with the average cost of such a feast falling $2.01 to a 10-year low of $46.90, according to the American Farm Bureau Federation, seconds and thirds -- and ample leftovers -- may be in your future.

The group’s annual survey found that retail turkey prices are down 7% from last year, also the lowest since 2010.

“Pricing whole turkeys as ‘loss leaders’ to entice shoppers and move product is a strategy we’re seeing retailers use that’s increasingly common the closer we get to the holiday,” said John Newton, chief economist for the AFBF.

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You likely won't be partaking in a 10-person Thanksgiving dinner this year.
thanksgiving, dinner, cost, lowest
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2020-12-23
Monday, 23 November 2020 09:12 PM
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