Ind. Farm Bureau: Hoosiers Can Expect To Spend More On Thanksgiving Meals

The annual Market Basket Survey shows a 12 percent increase at the cash register this year.

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INDIANAPOLIS – Hoosiers can expect to spend more on their Thanksgiving meal this year.

According to Indiana Farm Bureau’s annual market basket survey, Hoosier shoppers can expect to spend approximately 12 percent more at the grocery store than in 2020.

The total market basket price of $53.58 includes a 16-pound turkey, stuffing, sweet potatoes, rolls, peas, carrot and celery veggie tray, whole milk, cranberries, whipping cream, ingredients for pumpkin pie and miscellaneous baking items.

According to this year’s pricing survey, the individual meal price is approximately $5.36. Despite the increase from 2020, this year’s meal price is on par with the U.S. average of $5.33.

The main drivers of an overall increase in price are inflation, disruption to the supply chain and a significant increase in food consumed at home.

“There is no question that this has been a tough year,” said Isabella Chism, INFB 2nd vice president. “Coming off the heels of the pandemic, widespread supply chain issues are pushing prices higher and the economy is stretched. This year’s Thanksgiving market basket reflects what Hoosiers are seeing when they go to their local grocery stores. However, the increased price of Thanksgiving dinner in Indiana is comparable to costs across the rest of the country.”

Three items on the shopping list are more expensive in Indiana this year than they are nationally, including turkey, stuffing, and pie shells.

Items that cost less this year are sweet potatoes, whole milk, whipping cream and peas.

The full Market Basket Survey can be viewed here.