Thanksgiving Dinner Cost Slightly Down in Indiana, But Still High Relative to Recent Years

Hoosiers gathering around the table for Thanksgiving dinner will find slight relief when it comes to purchasing ingredients, but the meal still reflects historically high costs.

Indiana Farm Bureau’s annual Thanksgiving market basket survey shows that Hoosier shoppers can expect to spend approximately 2% less at the grocery store compared to 2023.

According to this year’s pricing survey, Hoosiers are paying an average of $53.31 for a Thanksgiving dinner for 10 people, or $5.33 per person.

Indiana’s market basket price also is approximately 8% lower, 48 cents less, than the U.S. average price of $58.08, or $5.81 per person.

The cost is still 25% higher than it was five years ago, which highlights the impact inflation has had on food prices since the pandemic.