Thanksgiving meal at a new high
CPG inflation declined in October, but the latest numbers show that Thanksgiving inflation is higher than average price increases for food.
Many consumers are prepared to pay more for their turkeys, sides, and pies—41% of those surveyed by NielsenIQ expect to spend more on this year’s Thanksgiving meal than last year.
Cost of an average Thanksgiving meal for 2022
The average cost of a Thanksgiving meal will be roughly $66, up 13% from 2021. Here’s the rundown of staple category prices and price changes compared to 2021:
Visit the Global Holiday Hub
See how shoppers plan to spend around the holidays—from online shopping events to in-person celebrations—with NielsenIQ’s Global Holiday Hub.
