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The year's Thanksgiving meal should gobble up less money than previous ones.

Theoretically of course, depending on how many people you're serving and how much you plan to eat.

The American Farm Bureau Federation's 33rd annual price survey of the classic Thanksgiving dinner – including turkey, stuffing, pumpkin pie and all the fixings – showed the average cost for a family of 10 was $ 48.90, less than $ 5 per person and down less than 1 percent from prior-year levels.

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Since 2015, the average cost of Thanksgiving dinner has declined steadily and is now at the lowest level since 2010.

When adjusting for inflation, the cost of Thanksgiving dinner this year was less than $ 2 per person and was the most affordable in more than a decade.

The federation uses 150 volunteers shoppers across the United States to shop for the Thanksgiving meal basics for its price survey.

The American Farm Bureau Federation's 33rd annual price survey indicates the cost of the classic Thanksgiving dinner fell this year. (Photo: American Farm Bureau)

It starts with the turkey.

With a good stockpile of frozen turkey inventories, turkey prices this year are an average of $ 1.36 per pound, or $ 21.71 for a 16-pound bird. That's down 3 percent, or nearly 70 cents, from last year's $ 22.38, or $ 1.40 per pound.

That is the lowest turkey prices since 2014, and close to levels not seen since 2010.

"Many retailers use turkeys and turkey prices to draw foot traffic during this busy holiday season," said John Newton, economist with the American Farm Bureau Federation.

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Also cheaper this year are milk, frozen peas and sweet potatoes.

Cost more are stuffing, cranberries and pumpkin pie mix.

New items were added to the survey this year, including bone-in ham, Russet potatoes and green beans. When including those items, the total cost of the dinner was $ 61.72.

And there always is the way to make it cheaper: Go vegan.

Contact Price at 321-242-3658 or [email protected] You can also follow him @ Fla2dayBiz.

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