Annually, the American Farm Bureau Federation (AFBF) posts the cost of a Thanksgiving meal. This is their 29th year of providing an estimate of what the items on a traditional Thanksgiving table will cost for 10 persons, in 2014, it is estimated to be $49.04, a $0.37 increase from 2013. At roughly $5 per person, that is a pretty good deal! The average cost of the Thanksgiving meal has remained around $49 since 2011.
As you guessed it, the turkey was the most expensive at roughly $1.35 a pound. John Anderson, the AFBF Deputy Chief Economist says that some grocers use turkey as the “loss leader” – a common practice to entice shoppers to come into the store and purchase other groceries while there.
Also included on the AFBF’s menu in addition to the turkey is: bread stuffing, sweet potatoes, rolls with butter, peas, cranberries, a relish tray of carrots and celery, pumpkin pie with whipped cream, coffee, and milk.
If your household is like mine, and you will be adding additional items containing dairy products, alcoholic beverages, and/or additional dessert options the price will increase. I have no doubts the food and company will both be good this year!
What is on your Thanksgiving menu? Any special traditions?
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