Thanksgiving Costs: Mixed Reports on Price Trends for 2024
TL;DR Summary
Thanksgiving hosting costs have risen by 19% this year, with the average expenditure reaching $431 for food, drinks, and decor, according to a LendingTree survey. This increase is causing financial strain for many, with 36% of hosts feeling the pinch and 34% planning to use credit cards to cover expenses. Retailers like Walmart, Albertsons, and Target are offering promotions to help offset costs, such as Walmart's Inflation-Free Thanksgiving Meal and Target's discounted turkeys. Despite these efforts, 14% of hosts already regret their decision to host.
- Thanksgiving Dinner Gobbles Up 19% More Cash This Year, Many Holiday Hosts 'Already Regret Their Decision' Benzinga
- Grocery costs for Thanksgiving dinner are historically affordable NBC News
- This grocery store CEO says Thanksgiving is the ‘cheapest’ meal you’ll have all year CNN
- Democrats push claim that Thanksgiving prices are down this year MyNorthwest
- Holiday grocery bills down by 5% in 2024, College Station shoppers sticking to budget KBTX
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