Thanksgiving is in ten days and consumers might be worried how much they will need to spend to prepare Thanksgiving dinner. Although experts say that consumers might have to spend a little bit more on Thanksgiving this year, it won't be a dramatic leap like in 2022. According to the American Farm Bureau, the average consumer spending for 2021 was $53.31 and for 2022, $64.05. Despite the increase in prices, Thanksgiving dinner must still go on although shoppers have expressed their displeasure about the rising costs.
Based on the estimates done by Olivia Evans and Kathryn Gregory of the Louisville Courier Journal, depending on which store you buy items from, you might expect to spend from between $40.03 to $108.54. In assessing these costs, they went to three local grocery stores: Kroger, Rainbow Blossom, and ValuMarket. They looked at the same 10 items needed to make the turkey along with sides and dessert. In picking the items, they bought store-brand items if available, otherwise, they sourced the lowest-priced products.
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