How Much Will a Thanksgiving Meal Cost This Year?
It is going to cost more to feast on turkey, ham, and mashed potatoes at this year’s Thanksgiving dinner.
According to the American Farm Bureau Federation (AFBF), the typical Thanksgiving dinner includes the staples of a 16-pound turkey, a gallon of milk, potatoes, ham, and dinner rolls.
U.S. Department of Agriculture (USDA) data (pdf) show that an 8- to 16-pound turkey costs $1.99 per pound, up from $1.15 a year ago. This represents almost a 75 percent increase.
Boneless ham has increased 13.6 percent from September 2021 to $5.504 per pound, data from the Bureau of Labor Statistics (BLS) show. White potatoes have spiked 27.7 percent to $1.019 per pound, while white bread has climbed 10.7 percent to $1.749 a pound. A gallon of fresh whole milk has surged 16.6 percent to $4.181. …