Finance

Average Thanksgiving dinner cost drops to $61 thanks to cheaper turkeys and cranberries

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Here’s something to be thankful for: Turkeys are gobbling up much less of the Thanksgiving budget this year, so the cost of hosting your family and friends is 4.5% less than it was a year ago.

That’s according to the latest American Farm Bureau Federation survey released on Wednesday, which put the average price of a traditional Thanksgiving feast for 10 people in 2023 at $61.17, or less than $6.20 per person, largely thanks to turkey prices being down 5.6% compared with last year. Whipping cream and cranberries have dropped…

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