Planning, prepping and cooking Thanksgiving dinner takes a lot of work and a lot of money. With supply chain issues and inflation rising across the nation, grocery shopping for a big meal is going to rack up at checkout. FinanceBuzz recently did a study on the states with the least expensive Thanksgiving turkey. Surprisingly, Florida ranked in the top 10 for cheap turkeys!
For this study, FinanceBuzz collected turkey prices from U.S. grocery stores to find the average cost of a 15-lb Thanksgiving turkey in each state. In general, prices were obtained from regional, chain grocery stores with multiple locations in a state (rather than smaller individual companies), or prominent national chains. What did they find?
- On average, Americans can expect to pay $34.15 for their turkey this year — That’s an average of $2.28 per pound.
- At more than $50 per bird, Alaska and Hawaii have the highest average turkey prices of all the states. In the contiguous U.S., South Carolina has the highest average price at $38.85.
- Mississippians can expect to pay just $26.35 on average for their Thanksgiving turkey, which is the lowest rate in the nation.
Here are the top 10 states where turkey is the least expensive.
- Mississippi – $26.35
- Texas – $28.30
- Utah – $28.30
- Iowa – $29.10
- Florida – $29.80
- Arizona – $29.85
- Louisiana – $29.85
- Nebraska – $30.85
- Oklahoma – $31.20
- New Mexico – $31.35
Finance Buzz pointed out some great tips on how to save some money when shopping for Thanksgiving dinner. You can use a rewards card at checkout and receive cashback on your groceries (with the right card.) Here’s FinanceBuzz’s recommendations for best credit cards with grocery cashback rewards. Another simple hack that FinanceBuzz recommends to do when grocery shopping for Thanksgiving is to shop with a list and use coupons! Most big chain stores have apps that make it easy to shop deals and discounts.