Your holiday feast will be a little less expensive this year, thanks to a price drop on Thanksgiving dinner essentials like turkey.
A Thanksgiving meal for 10 people will cost about $49.87, which is a $0.24 decrease from a year ago, according to the American Farm Bureau Federation’s (AFBF) annual informal price survey. In 2015, the Federation reported that the meal cost $50.11—the first time prices edged over the $50 mark.
The Federation found that a 16-pound turkey would cost $22.74 this year, or $1.42 per pound. Compared to last year, this represents a decrease of $0.02 per pound or a total of $0.30 per whole turkey. Milk, pumpkin-pie mix, carrots, celery, and “miscellaneous ingredients” will also cost less, according to the survey.