Commodities like turkeys, milk, and eggs have decreased in price compared to 2022, but the University of Tennessee Extension has found that the overall cost of this year’s Thanksgiving Day meals will increase by approximately 14 percent.
Wholesale turkey breast prices are down 61 percent compared to last year, trading between $2.50 and $3.00 per pound. Also, 8 to 16-pound whole hen prices at the wholesale level are down 31 percent from a year ago.
The retail price of eggs has also steadily declined to $2.04 per dozen in August. Additionally, the retail price of a gallon of milk is down nearly 7 percent compared to last year.
This year, the total cost of the complete meal for 10 is $128.02, with a per-person cost of $12.80, a 14% increase over last year.