Surveys find Thanksgiving will cost more this year (includes video story)

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.

Christopher is pursuing a degree in Digital Journalism with a minor in Political Science. He hopes to work as a correspondent on 60 Minutes to tell important stories that matter to Americans. Christopher enjoys covering sports and does play by play announcing as a hobby.