Economics

Your Thanksgiving Feast Will Cost the Least Since 2010

Boxes of fruits and vegetables sit at the Hunts Point Terminal Produce Market in the Bronx borough of New York, U.S., on Monday, Nov. 23, 2015. The Hunts Point Cooperative Market, a wholesale food market, is the largest food distribution center of its kind in the world. 30 million pounds of produce, including sweet potatoes, cranberries, and apples, are delivered for the Thanksgiving holiday to be distributed throughout the Metropolitan Region.Photographer: John Taggart

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By Sophie Caronello

November 19, 2018 at 1:00 PM UTC

This article is for subscribers only.

For the third straight year, your Thanksgiving feast will be a bit cheaper. The average cost for 10 people is $48.90, or less than $5 per person, marking a 22-cent drop from a year ago and the lowest since 2010. Aside from less expensive turkeys, declines in a gallon of milk, a 3-pound bag of sweet potatoes, a 1-pound bag of green peas and a dozen bread rolls are helping ease the burden on consumer wallets, according to the American Farm Bureau Federation’s 33rd annual survey. After adjusting for inflation, the cost of the holiday meal is $19.37, the lowest since 2006.