How Much Does Your Thanksgiving Meal Cost?
Are you a sides or Turkey person? That’s the questions my student asked me this past week. When it comes to Thanksgiving, I am a traditionalist. Thanksgiving is about the entire meal, it requires the Turkey, sides, and pies.
According to the IRI Trends, this year’s Thanksgiving meal will cost 13.5% more this year than it did a year ago.
Here are some other items to discuss over dinner
Most of the increase in cost is associated with the cost of making pies. Pie cost have increased by 20.8%, while poultry is up 8.1%
People are returning to their normal ways of celebrating, with 76% reporting they will celebrate Thanksgiving the way they did before the COVID pandemic.
Gen Z reports that they are increasing their guest list size from 7.4 to 9.8 guests.
Only 9% report that they will celebrate with friends. Family are the most popular guest options with 35% choosing to spend time with family.
What are your Thanksgiving plans? How are you celebrating this year?