10 sources·Business

Thanksgiving Dinner Costs Decrease Despite Rising Egg Prices

Thanksgiving dinner is expected to cost $58.08 for 10 people, with an increase in holiday spending anticipated for 2024 despite rising egg prices.

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Updated: Nov 24th, 2024, 2:04 PM ET

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The average cost of Thanksgiving dinner for ten people is projected to be $58.08, down 5% from last year, amid overall price decreases. However, egg prices have surged due to rising demand and supply constraints from avian flu. Holiday spending is also set to increase—especially among millennials—who plan to spend the most on gifts this year. Despite rising overall holiday spending, 28% of shoppers still carry debt from last year’s gifts, pointing to ongoing concerns about financial stability amidst a cautious consumer environment.

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