2023 Thanksgiving Dinner Costs: What to Know

November 20, 2025

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The Real Cost of Thanksgiving Dinner: What to Expect in 2023

As Thanksgiving approaches, many families are starting to plan their Thanksgiving dinner. With rising prices impacting everything from groceries to gas, you might wonder: what will Thanksgiving dinner cost this year? According to the American Farm Bureau Federation, you can expect to pay an average of $55.18 for a basic meal serving ten people, which averages out to around $5.52 per person. This marks a noticeable decline of 5% from the previous year, making 2023 an encouraging year for Thanksgiving meal prices.

Key Components of the Thanksgiving Meal

The composition of a traditional Thanksgiving feast includes essential items such as:

Turkey: The centerpiece of your dinner, with an average cost of $21.50 for a 16-pound bird. This accounts for over a third of the overall dinner cost.
Stuffing: A staple that adds flavor and bulk.
Cranberry sauce: A tangy complement to the main dish.
Pies: Dessert is a must-have for rounding out the meal.

While these items form the crux of a classic dinner, additional costs may arise in terms of side dishes and beverages. Understanding the dynamics of Thanksgiving inflation can help you budget better, especially if you’re factoring in other foods that could drive up the Thanksgiving dinner cost.

The Shift in Prices Over the Years

The cost per person for Thanksgiving has seen fluctuations over the years, particularly due to factors such as inflation and supply chain issues. In 2022, the average cost peaked at $6.41 per person, primarily attributed to rising turkey prices driven by avian influenza. However, it appears that prices are beginning to stabilize. In fact, the Thanksgiving survey conducted annually by the Farm Bureau shows that such fluctuations are common, but 2023’s drop may provide some relief for budget-conscious families. For historical context, the average Thanksgiving dinner price was only $2.87 per person back in 1986—equivalent to roughly $8.50 today.

Planning Your Thanksgiving Table Without Breaking the Bank

To keep the Thanksgiving dinner cost manageable, consider these tips:

**Make a shopping list**: Having a clear plan can prevent impulse buys.
**Purchase ingredients in bulk**: Buying in larger quantities often reduces the overall cost.
**Plan contributions with family or friends**: Sharing dishes can help offset individual expenses while also allowing for variety.

By being mindful of these strategies, you can enjoy a delicious Thanksgiving without overspending.

Final Thoughts: Enjoying Thanksgiving in 2023

<pOverall, as families gear up for Thanksgiving 2023, being informed about the Thanksgiving dinner cost can help you navigate your meal planning with ease. With this year’s projected average of $5.52 per person, many will find that Thanksgiving remains a cherished time for gathering, giving thanks, and enjoying good food.