It's all gravy: Cost of Thanksgiving meal sees biggest drop since 2000

Jonathan Berr

People cooking up a traditional Thanksgiving feast can be thankful it won't be as expensive as it was last year.

The price of making a traditional Thanksgiving meal -- turkey, stuffing, cranberries, pumpkin pie and all the trimmings -- will drop 4% this year, according to the American Farm Bureau Federation. That's the biggest decline since 2000, says Bloomberg News.

The average cost of this year's feast for 10 is $42.91, a $1.70 decline from last year's average of $44.61, according to the federation's 24th annual informal price survey of classic Thanksgiving items. Prices are nearly at their 2007 level of $42.26. The survey was done by volunteer shoppers.

  • DJI30996.98-179.02-0.57%
    NASDAQ13543.060.000.00%
    S&P 5003841.47-11.60-0.30%
  • NIKKEI 22528822.29190.840.67%
    Hang Seng30059.66611.812.08%
    DAX13873.97-32.73-0.24%
  • USD (PER EUR)1.220.00090.07%
    USD (PER CHF)1.13-0.0002-0.02%
    JPY (PER USD)103.69-0.0680-0.07%
    GBP (PER USD)1.370.00300.22%