The Cost of Thanksgiving Dinner Inflation
The retail cost of menu items for a classic Thanksgiving Dinner including turkey, stuffing, cranberries, pumpkin pie and all the basic trimmings increased about 13 percent this year, according to the American Farm Bureau Federation.
According to John Anderson, a senior economist with the American Farm Bureau Federation’s (AFBF) who conducted their 26th annual informal price survey of classic items that will be found on this year’s Thanksgiving Day dinner table.
The average cost of this year’s food cost for 10 is $49.20, a $5.73 price increase from last year’s average of $43.47 [i.e. +13.18%].
* One 16 pound turkey increased by: 22.7%
* One gallon of whole milk increased by: +13.0%
* One 30-ounce can of pumpkin pie mix increased by: +15.6%
* Two nine-inch pie shells increased by: +2.4%
* One 0.5 pint of whipping cream increased by: +15.3%
* One pound of green peas increased by: +16.7%
* One 14-ounce package of cubed bread stuffing increased by: +9.1%
* One dozen brown-n-serve rolls increased by: +8.5%
* Three pounds of sweet potatoes increased by: +2.2%
* One pound of fresh cranberries increased by: +2.9%
Tags: AFBF, American Farm Bureau Federation, Average Cost, Commodities, Cost of Thanksgiving Dinner, Food Cost, Inflation, Informal Price Survey, November, Price Increase, Thanksgiving, Thanksgiving Dinner, Turkey