This year’s annual feast averages about $5.80 per person, according to the American Farm Bureau Federation’s Thanksgiving dinner survey – or about $58 for a gathering of 10. That number is down 5% from 2023 and 4.5% from 2022 but still 19% higher than the cost of Thanksgiving dinner pre-pandemic in 2019.

Indiana residents can be thankful for a Thanksgiving dinner that’s less expensive to prepare this year compared to 2023. Shopping for the spread costs about 2% less this year, according to Indiana Farm Bureau’s Thanksgiving market basket survey.

The survey of nearly 2,050 U.S. consumers reported that dedicated Thanksgiving hosts this year will plan to spend a total average of $431 on food, drinks and other holiday decor.

According to the American Farm Bureau Federation’s annual report, released on Wednesday (November 27), the cost of creating a Thanksgiving feast is down. The survey found that a classic, festive dinner for 10 people will cost about $58.

As we get closer to the holiday, the cost of Thanksgiving dinner is more affordable than it has been in years, but the dinner is still