Classic Thanksgiving Dinner Cost Declines for 2009

Classic Thanksgiving Dinner Cost Declines for 2009

The cost of the classic Thanksgiving dinner has dropped four percent over the past year, according to the American Farm Bureau Federation.

Turkey, stuffing, cranberries, pumpkin pie and all the trimmings, for a family of ten, will cost an average of $42.91 — $1.70 less than last year.

The turkey itself is 3 cents per pound less, at $1.16 per pound, making a 16 pound turkey $18.65.

Milk, at $2.86 per gallon, dropped $.92, contributing the most to the overall decrease.

At most towns across Montana, food prices were slightly higher than the national average.  A gallon of milk still ranged from $3.63 - $3.29, cube stuffing ranged from  $2.99 - $4.15, and turkey ranged from $1.29 - $1.69  pound.

The cost per person for this special meal is less than a typical ‘value meal’ at a fast food place and is much more nutritious,” notes Montana Farm Bureau President Bob Hanson. “The fact that food prices have dropped show a real correlation between the costs of fuel and energy and the price of food.”

Other items showing a price decrease this year were:  a ½ pint of whipping cream, $1.55; a 12-oz. package of brown-n-serve rolls, $2.08; a 1-pound relish tray of carrots and celery, $.72; and a 12-oz. package of fresh cranberries, $2.41. A combined group of miscellaneous items, including coffee and ingredients necessary to prepare the meal (onions, eggs, sugar, flour, evaporated milk and butter) also dropped in price, to $2.50.

AFBF Livestock Economist Jim Sartwelle said despite retail price increases during the last year or so, American consumers have enjoyed relatively stable food costs over the years, particularly when adjusted for inflation.