2014 Cost of Thanksgiving Dinner Rises
The American Farm Bureau Federation publishes the cost of an average family's average Thanksgiving dinner each year. This year the cost is $49.41, up 37 cents from last year.
Our family spends, on average, $170 a week on groceries. Thanksgiving will take up 30% of our weekly budget. But, considering all the leftovers and meals we make out of Thanksgiving dinner AFTER Turkey day, we might just come out even (especially if we go for a big vat of turkey soup).
The big ticket item this year is the turkey at around $1.35 per pound. That's actually less than it was last year, but all the things that go around it are still about the same or slightly higher.
When the prices were first recorded in 1986, the average price was $28.74, when you look at the chart and adjust for inflation, we are actually paying LESS for our Thanksgiving dinner than we were in 1986.
|Item||2013 Price||2014 Price||Difference|
|Sweet potatoes, 3 lbs.||3.36||3.56||+.20|
|Whipping cream, 1/2 pint||1.85||2.00||+.15|
|Milk, 1 gallon whole||3.66||3.76||+.10|
|Pumpkin pie mix, 30 oz.||3.10||3.12||+.02|
|1-pound relish tray (carrots and celery)||.81||.82||+.01|
|Green peas, 1 lb.||1.54||1.55||+.01|
|Cubed stuffing, 14 oz.||2.67||2.54||-.13|
|Fresh cranberries, 12 oz.||2.42||2.34||-.08|
|Pie shells (2)||2.49||2.42||-.07|