Thanksgiving Dinner Costs Down in 2025

As families gear up for Thanksgiving 2025, there's welcome news for holiday budgets: the cost of a classic Thanksgiving dinner has decreased for the third consecutive year. According to the American Farm Bureau Federation's annual survey, the average feast for 10 people will cost $55.18 this year—a 5% drop from 2024. But before you start celebrating, there's a catch: this price tag comes with some significant omissions.

The Turkey Triumph

The biggest driver of savings is the centerpiece of every Thanksgiving table: the turkey. The average price of a 16-pound frozen bird has plummeted to $21.50, marking a 16% decrease from last year and the lowest price point since 2000. Retailers are reportedly absorbing profit margins to keep turkey costs down, offering much-needed relief to shoppers.

Other items seeing price reductions include dinner rolls, cubed stuffing, and fresh cranberries. These savings collectively contribute to the overall lower cost of the traditional meal basket.

When 'Classic' Means Minimal

While the $55.18 price point sounds appealing, it's important to understand what the American Farm Bureau Federation's survey actually includes. Their "classic holiday feast" is more of a pared-down version of what most families expect:

• Only 1 dozen dinner rolls for 10 people
• Just 1 pound of frozen peas (amounting to half a typical serving per person)
• A mere half-cup of stuffing per person
• A veggie tray consisting exclusively of raw carrots and celery (no green bean casserole)

As Axios Richmond points out, this survey "assumes a meager feast with few leftovers, no green bean casserole—and now, no mashed potatoes." For families planning a hearty meal with leftovers, this "classic" basket falls short.

"The American Farm Bureau Federation's 10-person 'feast' estimates assume minimal portions of side dishes."

The Realistic Price of a True Feast

For those planning a Thanksgiving spread that includes mashed potatoes, green bean casserole, and generous portions, the cost will be higher. A Deloitte survey estimates a more realistic meal for eight people will cost $76.50—significantly more than the Farm Bureau's baseline. This reflects the actual quantities and varieties most families expect on Thanksgiving Day.

Why Side Dish Prices Are Rising

While turkey prices have fallen, many Thanksgiving side dishes have become more expensive. The Farm Bureau survey noted sharp increases in:

• Sweet potatoes (impacted by Hurricane Helene's damage to North Carolina crops, which produce half the nation's supply)
• Frozen green peas
• Carrots and celery
• Dairy products like whole milk and whipping cream

These price hikes stem from ongoing challenges including expensive fertilizer, fuel, machinery, labor, and land costs for farmers.

Planning Your Thanksgiving Budget

When planning your Thanksgiving feast, consider these tips:

1. Factor in all dishes: Use the Deloitte estimate ($76.50 for eight) as a more realistic baseline if you're serving traditional sides.
2. Shop early: Turkey deals are already appearing, but prices may rise closer to the holiday.
3. Consider portion sizes: The Farm Bureau's minimal portions won't satisfy most guests.
4. Watch for sales: Non-turkey items like cranberries and rolls may see further discounts.

Whether you're sticking to the basics or planning an elaborate spread, Thanksgiving 2025 offers some budget-friendly opportunities—especially at the meat counter. Just remember to account for those essential side dishes that complete the holiday experience.

The Bottom Line

While the official Farm Bureau survey shows a $55.18 price drop, families should prepare for a more substantial cost when including all traditional dishes. With turkey prices at a 25-year low, this remains the best opportunity to save on your holiday meal.