The cost of hosting a traditional Thanksgiving feast for 10 people is 4.5% lower this year compared to the previous year, according to the American Farm Bureau Federation survey.
The average price is $61.17, or less than $6.20 per person. This decrease is attributed to a 5.6% drop in turkey prices, as well as significant decreases in whipping cream (22.8%) and cranberries (18.3%).
According to MarketWatch.com, the survey, which involves volunteers checking food prices across all 50 states, Puerto Rico, and online, includes items like turkey, stuffing, sweet potatoes, rolls, peas, cranberries, a vegetable tray, pumpkin pie with whipped cream, coffee, and milk.
Although the cost is still 25% higher than in 2019, it is a drop from last year's record high of $64.05, highlighting the impact of high supply costs and inflation on food prices.
Here's how some TV newscasts covered the story:
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