Thanksgiving Dinner Costs Decrease for Second Straight Year

As of November 3, 2025, the cost of buying Thanksgiving dinner has decreased for the second year in a row, according to the American Farm Bureau Federation. This comes as many people are already looking ahead to the winter holidays and the festive spirit, with some even putting up Christmas lights after Halloween.

Thanksgiving is just around the corner, falling on Thursday, November 27, 2025. The holiday has become synonymous with football games, good food, and the famous Detroit Thanksgiving Day Parade. Thanksgiving is a federal and state holiday in the United States, meaning banks, government offices, and the postal service will be closed. While the day after Thanksgiving is not an official holiday, many people take the day off, making it a four-day weekend.

The tradition of Thanksgiving dates back to 1621, when colonists shared a meal with the indigenous Wampanoag people to give thanks for a successful fall harvest. However, the historical accounts of this "first celebration" are often overstated. Nonetheless, Thanksgiving has become an iconic American holiday, with President Abraham Lincoln declaring it a national holiday in 1863 as a gesture to reconcile a deeply divided country during the Civil War.