Here's how much a Thanksgiving dinner is expected to cost this year:
Veronica Nigh, senior economist at the American Farm Bureau Federation, outlined the reasons for the price increase in a: “Several factors contributed to the increase in average cost of this year’s Thanksgiving dinner. 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.
”Not only are Americans paying more for Thanksgiving staples, they’re also having a harder time finding these items at the grocery store.from market research firm IRI found that in the week ending November 7 the in-stock rate for frozen whole turkeys was 22% lower than the same time last year, while cranberry sauce, liquid gravy and pies were 10%, 12% and 10% less in stock, respectively.
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