Hosting Thanksgiving dinner requires a considerable amount of prep work and a mastery level of multitasking, but this year, it won’t be a financial strain to host.
All of the ingredients, trappings, and frills will cost less than $50 for 10 guests, or less than $5 per person.
To serve 10 guests a feast of the traditional cornerstone dishes of turkey, stuffing, sweet potatoes, rolls with butter, peas, cranberries, a veggie tray, pumpkin pie with whipped cream, and coffee and milk will cost on average $48.91. That’s up just 1 cent from 2018, according to the American Farm Bureau Federation (AFBF).
“The average cost of this year’s Thanksgiving dinner is essentially unchanged from last year, after three years of declines since 2015,” said AFBF Chief Economist Dr. John Newton in a press release.
The centerpiece, of course, is the turkey. A 16-pound bird to feed 10 diners will cost around $20.80 and that’s down roughly $1.30 from last year and is the lowest price since 2010.
More than 46 million turkeys are expected to be eaten on Thanksgiving and another 22 million for Christmas, according to the National Turkey Federation. With so much poultry being consumed, it’s not surprising that the experts at Butterball field more than 100,000 questions every November and December.
Stephanie is a reporter for Yahoo Finance. Follow her on Twitter @SJAsymkos.