Where can you find the cheapest turkey for Thanksgiving 2024: Walmart, Target, or Costco?

As every year, late November brings the time to worry about Thanksgiving. Not only is it time to gather the family, but also to start preparing for dinner and that includes checking where the best prices are and going shopping.

According to a recent analysis by the American Farm Bureau Federation (AFBF), a “classic” Thanksgiving dinner for a group of 10 is expected to cost $58.08 on average this year. This figure represents a 5% decrease from 2023 and a 9% decrease from 2022.

The $58 includes the price of the basic items needed for dinner, such as turkey, stuffing, sweet potatoes, rolls, frozen peas, fresh cranberries, celery, carrots, pumpkin pie mix and dessert crusts, as well as whipped cream and whole milk.

The cheapest turkey in supermarkets

Research conducted by Finance Buzz has revealed which stores have the cheapest turkeys on offer:

Why is turkey cheaper this year?

According to the AFBF, a 16-pound turkey accounts for 44.2% of a Thanksgiving dinner for 10 this year. Even though it’s a large portion of the total dinner, the price of turkey has decreased by 6%. The reason for this decline in turkey prices is that both the breeding of these animals and the demand for them have declined.

According to the USDA’s November 2024 Livestock, Dairy and Poultry Outlook report, turkey production in September was 4.2 percent lower than a year earlier. Slaughters are down 8.3 percent year-over-year.

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