Uncover the Secrets of Thanksgiving Shopping Savings

Turkey Prices and Their Impact

Michael Pakko, chief economist of the Arkansas Economic Development Institute, emphasizes the significance of turkey prices in determining Thanksgiving spending. As turkey prices go down, there is hope that shoppers' bills at the checkout will follow suit. This year, shoppers can expect to pay around $58.18 for a family of ten, a significant drop from the $61.17 average of 2023. It's a welcome relief for those planning their Thanksgiving feasts.

At Bill's Fresh Market in Jonesboro, reporter Alejandra Hernandez took it upon herself to compare prices between 2023 and 2024. She found that while store brands remain the cheaper option, now might be the time to consider name brands. The name-brand items have seen a slight price reduction, while store brand prices are on the rise. If quality is a concern, substituting name brands for generics could be a more cost-effective choice.

Processed Foods and Their Costs

Another aspect to consider when shopping for Thanksgiving is processed foods. Pre-paid rolls, croutons for the stuffing, and other processed items are more affected by labor and transportation costs, which are still on the rise. This means that these items may cost more than some of the more basic commodities. Shoppers need to be aware of these price differences and make informed decisions.

After Hernandez navigated through the store, it was time to head to the checkout line. The total came out to $52.43, about $5 less than the average from the American Farm Bureau. Shopper Shanece Jones shared her experience, stating that she got similar items as last year but fed around eight people. She noticed that her ham cost about $50 to $60 more this year compared to last year, mainly due to the increased price of milk and other ingredients.

Jones' Thanksgiving will feature some delicious ribs and mac and cheese, but these ingredients also contributed to the higher bill. She emphasized the importance of considering smaller turkey sizes, sticking with store-brand items, and making one's own stuffing to save some extra dollars. This way, shoppers can have a wonderful Thanksgiving without breaking the bank.

If you're out shopping this week for your Thanksgiving dinner, keep these tips in mind. Consider a smaller turkey, opt for store-brand items whenever possible, and take the time to make your own stuffing. By doing so, you'll not only save money but also add a personal touch to your Thanksgiving feast. And who knows, you might even have a few extra dollars to spend on Black Friday deals.