Farm Bureau Survey Finds Thanksgiving to Be the Most Expensive Yet as Cost Rises 20 Percent

Thanksgiving dinner will cost 20% more this year compared to last year, according to a Farm Bureau survey published Wednesday, with the market signaling record-high prices for the second year in a row.

The average cost to feed 10 people for Thanksgiving will be $64.05, or under $6.50 per person, the Farm Bureau said. This is a $10.74 or 20% cost increase from 2021’s average of $53.31, which was also a record high at the time, according to historical data.

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