How Much Should You Budget for Thanksgiving Dinner in 2025
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Are you wondering how much to budget for Thanksgiving dinner this year? With the holiday season coming soon, it’s the perfect time to start planning. Grocery prices continue to rise across the country, and knowing what to expect helps you enjoy the celebration without overspending.
No matter if you’re hosting a cozy family meal or feeding a full house, this 2025 update will help you understand current prices, why they’re increasing, and how to plan a meal that fits your budget.
So what can you expect? You can expect to spend slightly more than last year. The American Farm Bureau’s 2024 survey found that a traditional Thanksgiving meal for ten people averaged $58.08, or about $5.80 per person—a small drop from 2023’s average of $61.17, but still higher than pre-pandemic prices.
Early 2025 projections from the U.S. Department of Agriculture (USDA) show that overall food prices are expected to rise about 3.0%, with grocery prices increasing around 2.4%. This means the average family can expect a modest uptick in their holiday spending as ingredients like turkey, butter, and canned vegetables become more expensive due to higher feed, fuel, and packaging costs.
How Much Should You Budget for Thanksgiving Dinner in 2025
I started my own grocery list last week, and wow — prices on canned goods and butter surprised me! Even pantry staples are higher than they were a year ago. Recent data shows butter and margarine prices are up about 6%, and canned vegetables have climbed nearly 4% compared with 2024.
The American Farm Bureau’s 2024 survey reported that a traditional Thanksgiving meal for ten people averaged $58.08, or $5.80 per person. While that was a small drop from 2023, early 2025 forecasts show turkey and produce prices rising again because of higher feed, transportation, and packaging costs.
2025 Thanksgiving Dinner Budget Breakdown
If you’re planning ahead, here’s a realistic estimate for this year’s meal.
Basic dinner (turkey, three or four sides, dessert): $7–$10 per person
Mid-range meal (extra sides or better-quality ingredients): $10–$15 per person
Larger gathering (special dishes, drinks, décor): $15–$25+ per person
For a typical family of ten, expect to spend around $100 to $150 for the full meal, depending on store prices, location, and menu choices.
Sample Thanksgiving Dinner Budget for 2025
| Item | 2025 Low | 2025 High |
|---|---|---|
| Turkey (15 lb) | $25 | $40 |
| Stuffing | $5 | $12 |
| Mashed Potatoes | $4 | $10 |
| Vegetables | $6 | $18 |
| Cranberry Sauce | $3 | $8 |
| Rolls | $3 | $10 |
| Desserts | $8 | $20 |
| Drinks | $5 | $15 |
| Estimated Total (10 People) | ≈ $100 – $150 |
Pro Tip: In 2025, Aldi and Costco are offering complete Thanksgiving meal kits starting around $40–$45 (serves 8–10 people). These kits can save serious time and money for families who like convenience and value.
Why Thanksgiving Dinner Costs Keep Changing
Even though 2024 saw a small drop in average meal costs, grocery prices are climbing again in 2025. The USDA raised its turkey price forecast to $1.63–$1.65 per pound, up from last year’s average. Dairy products, canned vegetables, and baking staples like sugar and flour are also expected to stay higher through the season.
Transportation and labor costs are affecting everything from butter to produce. Packaging and shipping fees have increased as well, which means most grocery items now cost more than they did a year ago.
Families in urban and coastal regions are feeling the largest price increases, while smaller towns and rural areas may see slightly lower totals. Shopping early, comparing prices, and using coupons can help reduce your overall cost.
Smart Ways to Save on Your Thanksgiving Meal
Plan Your Menu Early
Start with your family’s favorite recipes and skip the extras that often go uneaten. Focusing on the dishes everyone loves helps you save both time and money.
Shop in Stages
Stock up on non-perishable items like sugar, canned vegetables, and flour as soon as sales appear. Spreading out purchases across several weeks makes the expense easier to manage.
Take Advantage of Store Promotions
Many grocery stores still offer free turkeys or discount coupons once you meet a spending minimum. Loyalty apps and reward programs can make a big difference this time of year.
Go Potluck Style
Inviting guests to bring a side or dessert keeps costs down and makes the celebration feel more personal. It’s also a fun way for everyone to share a family favorite.
Consider Meal Kits
Aldi and Costco are offering full Thanksgiving kits in 2025 for around $40–$45. These can simplify your meal and help you save if you prefer an easy setup.
Final Thoughts
Thanksgiving dinner in 2025 will cost a little more than last year, but you can still keep it affordable with thoughtful planning. A budget of $7–$15 per person is a realistic target for most families. By starting early, watching for sales, and focusing on what matters most, you’ll serve a meal your family loves without stretching your wallet.
