The cost of putting Thanksgiving dinner on the table this week will be 14% higher than last year.
“That 14% is the largest increase we’ve ever seen in the market basket,” said Veronica Nigh, a senior economist at the American Farm Bureau Federation.
An informational survey from the AFBF finds dinner for a family of ten will cost an average of $53.31, $6.41 cents more than last year.
Economists blame the increase on inflation, supply chain issues, and a surge of demand for food during the COVID-19 pandemic.
