White House: Americans Save on Thanksgiving Expenses This Year
Thanksgiving 2023 is looking brighter for American families as they enjoy significant savings on holiday expenses. Prices for traditional Thanksgiving staples have dropped, demonstrating a positive trend in consumer costs.
Thanksgiving Costs Decline
According to recent reports, the average cost of Thanksgiving dinner is approximately 3% lower than it was last year. Several key items have seen particularly sharp price declines:
- Dinner rolls: down 22%
- Frozen vegetables: down 15%
- Classic items such as turkeys, stuffing, gravy mix, fresh cranberries, and pumpkin pies have all decreased in price.
This reduction in costs comes as American families prepare to celebrate a traditional holiday meal. As inflation concerns continue, these price drops are a welcome relief for many households across the nation.
Retailers Offer Competitive Prices
Major retailers are also contributing to the affordability of Thanksgiving meals. Some notable offers include:
- Walmart: Offering Thanksgiving meals 25% cheaper than last year, with their lowest turkey price since 2019. This meal feeds ten people, costing just under $4 per person.
- Lidl: Providing meals that are $10 less than last year, feeding ten people at a cost of $3.60 per person.
- Aldi: Its Thanksgiving meal costs $7 less than last year, feeding ten people for around $4 each.
- Target: Experiencing its lowest prices ever on Thanksgiving meals, with options for four people costing less than $5.
- Schnucks: Selling frozen turkeys at prices not seen in over 15 years, solidifying its role as a leading supermarket chain.
These price reductions from top retailers aim to help families celebrate the holiday without financial strain. The combined efforts of retailers and the declining costs of food items offer an optimistic outlook for Thanksgiving 2023.
