Thanksgiving Costs: Mixed Reports on Price Trends for 2024
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.