Last Minute Holiday Shopping Is Helping Iowans Save
We are just about a week away from Thanksgiving which means if you haven’t already, your running out of time to get your turkey.
Whether you are the one making the meal or not, many of us still value that gathering of friends and family. But something we have been noticing the last few years is our holidays keep getting more and more expensive.
Each year the American Farm Bureau comes out with its price comparisons with holidays in past years. 2022 is the 37th year that Farm Bureau has released its screenshot of the average cost for the yearly feast for 10 people.
In 2022, the average cost for a Thanksgiving feast in America is $64.05 which comes out to around $6.50 per person.
This is a 20 percent increase from 2021. In 2021, that average cost was $53.54.
So, let’s break down where these price increases are coming from.
The centerpiece of Thanksgiving, the turkey, the cost is up 21 percent. This year, the average cost was $28.96 or $1.81 per pound for a 16-pound bird. HOWEVER, Farm Bureau says that if you haven’t yet gotten your turkey, you should be able to find a bird at a lower price than the average they gave.
Farm Bureau used volunteer shoppers who checked prices October 18-31 which is before grocery stores drop their prices. The USDA Agricultural Marketing Service data shows that the average turkey price per pound was $1.11 for the week of Nov. 3-9 and then $0.95 for the week of Nov. 10-16- that’s a 14 percent decrease in just one week.
Farm Burau adds that added ham, Russet potatoes, and frozen green beans can add to the cost by $17.25 to $81.30.
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