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Thanksgiving Dinner Costs Are Up Even as Turkey Prices Tumble
- Holiday meals won’t cost less overall this year, report says
- Making cranberries from scratch, not a can, is one way to save
Retail prices for whole fresh turkeys were down 13% as of Oct. 30.
Photographer: Michael Tullberg/Getty ImagesThis article is for subscribers only.
Inflation is slowing, turkey prices are dropping and yet, somehow, Thanksgiving dinners will still cost more than they did last year.
“Don’t expect tremendous savings,” a new report from Wells Fargo’s Agri-Food Institute warns, noting that food-at-home prices are still up 2.4% compared with last October. “This year’s celebration will not be less expensive.”