The cost of giving thanks has been on the rise for years, and last-minute shoppers are headed out in droves before the holiday.
According to the American Farm Bureau Federation, the price for put together a Thanksgiving meal for 10 people has gone from $28.85 in 1990 to $49.48 for 2012.
That’s not stopping holiday shoppers from getting what they need.
This year, Sarah Faison is helping her mom make Thanksgiving dinner, by brining a few side dishes to the big meal.
“We are heading over to my parents and probably making some side dishes. We have a couple other relatives on the way, making things to bring along with other meals,” Faison said.
Sarah says she’s definitely spending more to put her dishes together this year than last year.
“Over a hundred bucks easily and I’m not even making a full dinner,” Faison said.
Over the last year, items like a 16 pound turkey, rolls and what they label as miscellaneous items have increase, while items like cubed stuffing, whipping cream and sweet potatoes have all seen a slight decrease. In 2011, a Thanksgiving meal for 10 cost $49.20 and this year it costs $49.48. That’s a .28 cent increase in one year.
Sarah says it’s the price we pay to make sure the holiday is a success.
“Just getting together with the family, spending time together and have a little extra time off work and spending it with family and friends,” Faison said.
The one item to make the biggest price jump from last year to this year is a 16 pound turkey. The American Farm Bureau Federation says it jump a total of .66 cents from 2011 to 2012.
