Thanksgiving Dinner Will Cost 20 Percent More This Year as Inflation Bites

People shop for frozen turkeys at a grocery store in Mount Prospect, Ill., on Nov. 17, 2021. Nam Y. Huh/AP Photo

Families can expect to pay 20 percent more to host a Thanksgiving dinner this year as food inflation continues to climb, the American Farm Bureau Federation (AFBF) stated in a new report.

According to the group’s 37th annual survey, the average cost of a Thanksgiving feast for 10 will be $64.05, or about $6.50 per person. This is up 20 percent, or $10.74, from last year.