LIVE VIDEO: Channel 3 News at 6 p.m.    Watch
 

Thanksgiving dinner cost up slightly in 2012

1:11 PM, Nov 21, 2012   |    comments
  • Share
  • Print
  • - A A A +

When you sit down for Thanksgiving dinner, be thankful that the cost of that meal is up only slightly over last year.

According to the American Farm Bureau Federation, the average cost of a Thanksgiving dinner for 10 people with turkey and the traditional sides is $49.48 this year. That's just up 28 cents from 2011.

Photos: PETA's 'sexy pilgrims' promote vegan Thanksgiving in Cleveland

The bulk of the bill, says Deputy Chief Economist John Anderson, is the turkey, which is up 3 percent to $22.23.

"Turkey competes with chicken and pork and beef and other products," Anderson says. "Turkey production itself is actually a little higher this year so it's not an issue of turkey not being available, it's just that the meat prices overall have gone up.

This summer's drought didn't have much of an impact on Thanksgiving prices. Lags in food production make it a little too soon.

Other items with an uptick in price include ingredients like onions, eggs, sugar, flour and butter -- up eight cents. Dinner rolls are up three cents.

Taking the biggest plunge is whipping cream, down 13 cents. That's followed by stuffing and sweet potatoes, down 11 cents.

CNN

Most Watched Videos