The American Farm Bureau Federation report for 2025 shows Thanksgiving meal costs are down 5% from 2024. (Photo by Karsan Turner for Iowa Capital Dispatch)

The cost of a classic Thanksgiving dinner set for 10 people, at $55.18, is 5% less than the cost in 2024, annual data from the American Farm Bureau Federation shows.

While key meal items like turkey and dinner rolls decreased in price this year, fresh vegetables and Thanksgiving dairy products are substantially more expensive.

Overall, the report found the cost of the meal is still higher than it was in 2020, when the meal cost $46.90.

Farm Bureau said the table items with price increases reflect some of the hardships that farmers faced this year.

Christopher Pudenz, Iowa Farm Bureau’s research and economics manager, said declining

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