Thanksgiving Dinner Costs Are Flat

7 years 11 months 4 days ago Monday, November 15 2010 Nov 15, 2010 Monday, November 15, 2010 10:55:29 PM CST November 15, 2010 in News
COLUMBIA - Those cooking Thanksgiving dinner can stress about one less thing this year, the cost. The Missouri Farm Bureau says it's going to cost Missourians an average of $42.52 for the family feast in 2010.  That's $0.05 less than the 2009 price.

Missouri is faring slightly better than the rest of the nation when it comes to holiday grocery prices. An American Farm Bureau survey says Thanksgiving dinner will cost Americans $43.47, or $0.95 more than the price in Missouri.

While inflation is on everyone's mind as the Federal Reserve begin another round of quantitative easing, or "QE2," one MU economist says food prices are not a good indicator of inflation as they frequently fluctuate.

The farm bureau recorded a Thanksgiving grocery bill of $34.24 in 2006, $38.44 in 2007 and $44.50 in 2008.

A traditional Thanksgiving meal includes a 16-pound turkey, stuffing, 3 pounds of sweet potatoes, cranberries, vegetables, dinner rolls, drinks and pumpkin pie.

One Columbia grocery shopper says she always spends more than what the dinner cost estimate is.

"I always spend about a hundred dollars to make Thanksgiving dinner," says Claudette Sheets.

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