Cost of Thanksgiving
For 2021:
The American Farm Bureau’s annual Thanksgiving survey shows the average cost of the classic meal for a family of 10 in 2021 is $53.31, less than $6.00 per person. This is a 14% increase from last year’s meal price of $46.90.
Up 14%. That's quite the hefty jump. Will be a challenge for many families.
“Several factors contributed to the increase in average cost of this year’s Thanksgiving dinner,” says AFBF Senior Economist Veronica Nigh. “These include dramatic disruptions to the U.S. economy and supply chains over the last 20 months; inflationary pressure throughout the economy; difficulty in predicting demand during the COVID-19 pandemic and high global demand for food, particularly meat.”
The Farm Bureau reported that without turkey factored in, the meal costs 6.6% more than last year. This increase is on-par with the Consumer Price Index for food and general inflation. However, this is still significantly higher than the historic average Thanksgiving meal price increase of 2%.
My favorite component of the Turkey Day meal: 12-ounce bag of fresh cranberries: $2.98 (up 11%)
Thanksgiving just isn't Thanksgiving without Mom's cranberry salad. Or - worst case scenario - cranberry sauce shaped like a can.
Read more about the survey:
Grace & Peace & Love to you all -
Matt
