Cooking Thanksgiving dinner will cost less in 2025. The American Farm Bureau Federation’s Thanksgiving survey shows the classic feast for 10 averaging $55.18, down 5% from last year as turkey prices fall more than 16%. See what’s driving lower costs and where prices are still rising.
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Cooking a Thanksgiving dinner for your friends and family will cost less than last year, marking the third straight year of price declines. The American Farm Bureau Federation’s 40th annual Thanksgiving dinner survey provides a snapshot of the average cost of Thanksgiving staples that make up a classic holiday feast for 10, which is $55.18 or about $5.52 per person.
This is a 5% decrease from 2024. Three years of declines don’t fully erase dramatic increases that led to a record-high cost of $64.05 in 2022.
That $64.05 was under Biden.