The traditional Thanksgiving dinner will cost 13 percent more this year, according to a survey conducted by the American Farm Bureau Federation. The average feast will cost $49.20 to feed a gathering of 10, which is $5.73 more than last year.
If you’re planning an all-organic Thanksgiving dinner you can expect to add about $100 to the total, according to SmartMoney.com, the digital network of The Wall Street Journal.
The centerpiece of most Thanksgiving dinners is the turkey, which is responsible for much of this year’s price increase. Farm Bureau says a 16-pound turkey will cost an average of $21.57, an increase of about 25 cents per pound over last year, or a total of $3.91 per bird.