WAUSAU, WI (WSAU) – According to the White House, families across the U.S. will see a slight drop in their Thanksgiving meal costs this week. However, costs remain much higher compared to 2021 and before the pandemic.
The Daily Wire reports that White House Press Secretary Karine Jean-Pierre began Monday’s briefing by listing holiday essentials like turkey and cranberries as well as airfare and auto rentals, which has seen slight price decreases over the last year.
“As we start preparing our Thanksgiving meals, grocery inflation is at its lowest level in over two years, with prices for eggs, milk, bacon, and fresh veggies lower than last year,” Jean-Pierre said.
A Thanksgiving dinner for ten people will set you back $61.17 in 2023, according to a report released by the American Farm Bureau Federation. Even while it’s less than the average cost for 2022, which was $64.05, it’s still higher than the costs for 2021 ($53.31) and 2019 ($48.91), by 14.7% and 25%, respectively.
According to the AFBF, the cost decline was mostly driven by decreasing turkey costs: “Given its prominence, the turkey is the true driver of Thanksgiving dinner prices. The decrease in turkey prices this year is due to a decrease in avian influenza cases and the resulting recovery in the turkey flock.”
“The AFBF’s national Thanksgiving survey, 2023 will have the second most expensive Thanksgiving meal in the survey’s 38-year history,” according to the final report released by the AFBF. “A 4.5% decrease in the cost of the Thanksgiving meal was primarily driven by a decrease in the cost of turkey, but also by decreases in seven of eleven surveyed dinner items.” Although survey prices have begun to fall, food price inflation remains a genuine issue and a financial burden for all U.S. consumers.”
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