Thanksgiving 2025 brings something America hasn’t seen much of in recent years: lower prices.

According to the American Farm Bureau Federation, the cost of a classic Thanksgiving dinner for ten people dropped about 5% this year, landing at $55.18. After years of grocery-store sticker shock, that’s welcome relief. And it stands in sharp contrast to 2022, when the same meal hit a record high of more than $64.05, the most expensive Thanksgiving in history.

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