Cost of Thanksgiving dinner reaches record high

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GREENVILLE, N.C. (WNCT) – Thanksgiving is just a few days away, and while the family time may be priceless, putting food on the table is not. The cost of Thanksgiving dinner is at a record high.

Last week, we told you about the price of turkey shooting up thanks to a shortage caused by the bird flu. While turkey is the most expensive item on the list, it’s not the only dish burning your wallet this year.

The average cost of Thanksgiving dinner for 10 people exceeds $50 this year, for the first time since the American Farm Bureau started tracking it almost 30 years ago. The total price of the feast is up $0.70 from last year.

The group estimates this cost by averaging non-sale food prices around the country. It’s based on feeding 10 people, because it’s hard to cook for less than that.

Foods with the largest price increases include turkey, pumpkin pie mix, rolls, bread stuffing and pie shells.

WNCT sat down with Dr. James Kleckley with ECU’s Bureau of Business Research to talk about the real impact on you.

“If your wages aren’t going up, income’s not going up, it’s another little bit of a burden in terms of ‘hey it’s going to cost a little more, do we have to sacrifice something to really get that food on the table?’” Dr. Kleckley said.

Dr. Kleckley says if you adjust for inflation, not much has changed. If you look for bargains, you can find your meal for less than that $50 price tag.

Don’t worry, not everything is more expensive. The numbers also showed prices down for dairy items, cranberries, and peas.

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