Average cost of Thanksgiving feast for 1 is $5: Farm Bureau study
The American Farm Bureau says the average cost of a Thanksgiving feast for 10 people is about $48.91 this year – one cent more than last year’s average.
That averages out to be about $5 a person, the Farm Bureau said in a release Thursday.
The turkey itself averages out at about $20.80 for a 16-pound bird. That’s about $1.30 per pound, down 4 percent from 2018.
About 90 percent of Americans celebrate Thanksgiving with a turkey feast, with about 50 percent serving both turkey and ham.
You can read the Farm Bureau’s story
The Farm Bureau is a U.S.-based agricultural insurance company and lobbying group.
According to Farm Bureau Chief Economist Dr. John Newton in a release Thursday: