Friday, November 21, 2025

Time to talk turkey: The cost of this year's Thanksgiving dinner has decreased


When Americans sit down to their Thanksgiving dinners next week, the dinner's price tag will be a bit lower, according to the American Farm Bureau Federation’s 40th annual Thanksgiving dinner survey. The report shows that the average cost this year to feed 10 people a classic dinner will be $55.08, down from $58.08 in 2024. The average price of a 16-pound turkey this year is $21.50, down 16% from 2024.

Over the last few years, the star of the meal -- usually a turkey -- has dropped in price, while the cost of sides such as fresh vegetables and sweet potatoes has increased. "A veggie tray is up more than 61% and sweet potatoes are up 37%," reports AFBF. "Natural disasters contributed to these higher costs. North Carolina, which produces more than half of the nation’s sweet potatoes, experienced hurricane damage that reduced yields and tightened supplies ahead of the holiday."

As families and friends sit down to bountiful holiday meals, giving thanks for the hard work and ingenuity of U.S. farmers might be in order. AFBF reports, "Crop prices have fallen again while fuel, fertilizer, labor and machinery costs continue to climb, leaving many operations below breakeven . . . effective support remains essential to keeping America’s food supply stable, affordable and secure."

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