Thanksgiving Dinner Costs Decrease in 2024

This year, families can expect a decrease in Thanksgiving meal costs for the second consecutive year, with the American Farm Bureau Federation (AFBF) reporting an average meal price of $58.08 for 10 people, down 5% from last year. Indiana is seeing a significant drop, with an average cost of $53.31, attributed mainly to lower turkey prices, which have fallen by 6% nationally, reflecting a decrease in production due to avian influenza. Meanwhile, some staples like sweet potatoes and pumpkin pie filling have also seen price reductions, contributing to overall savings. However, certain items like dinner rolls and whipping cream have increased in cost, presenting a mixed bag for consumers. In Tennessee, while turkey prices have dropped significantly, some other essentials like milk and eggs have become pricier, though the overall Thanksgiving meal cost remains lower than last year. The combined factors of reduced turkey prices and government programs like the Farm Bill are easing the financial burden on families during the holiday season.