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Higher price tag on Thanksgiving dinner

Economist Terry Francl with the American Farm Bureau Federation breaks down the cost of this year's holiday feast.

TEXT OF STORY

SCOTT JAGOW: Alright, it’s time to whip out the calculator and figure out how much that Thanksgiving dinner is gonna cost.

Let’s see, 16-pound turkey, potatoes, stuffing, cranberry sauce and pumpkin pie . . . feeds 10 people. Comes out to $38.10. That’s a $1.32 more than last year.

Terry Francl is with the American Farm Bureau, which keeps track of this stuff.

TERRY FRANCL: In terms of current dollars, it is the most expensive year. In terms of inflation-adjusted dollars, however, it is fairly well down on the list, it’s actually about third less than when we started the survey in 1986.

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