Thanksgiving Dinner: turkey got cheaper, not so much everything else. Our Best Deals for November 2023

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Thanksgiving is just around the corner, and it’s a time when family and friends gather together around the holiday table. The anticipation of a table full of delicious dishes, from perfectly roasted turkey to cranberry sauce and pumpkin pie, adds to the excitement. However, due to rising prices and high inflation over the last few years, many people feel anxious while preparing for this holiday.

The Good News: Turkey Prices Are Down

Despite the nationwide concerns about inflation, the cost of Thanksgiving’s main dish – turkey – will be lower this year. The annual Wells Fargo Thanksgiving report showed that turkey prices fell 16% in October compared to last year. Retail prices for a whole turkey averaged $1.37 per pound. The cost can go even lower as Thanksgiving gets closer because many retailers use the turkey as a loss leader to attract customers to the store, where they’re likely to buy more than usual.

What About Other Ingredients?

A lot of things have gone up in price.

• Cranberry sauce - up by 60%
• Pumpkin puree - up by 30%
• Green beans - up by 9%
• Russet potatoes - up by 14%
• Sweet potatoes - up by 4%
• Wine - up by 1.2%
• Beer - up by 5.3%

Canned food prices have increased mainly due to labor costs and rising prices for packaging materials. Some fresh produce has dropped in price.

• Fresh cranberries - down by 20%
• Romaine lettuce - down by 10%

Best Deals of November 2023 for Thanksgiving Dinner

Even though prices have risen, many stores offer good holiday discounts.

• Target: Thanksgiving Dinner for four under $25, including turkey, russet potatoes, turkey stuffing mix and gravy, cranberry sauce, green beans, and cream of mushroom soup.

• Walmart: Thanksgiving meal under $30 for six servings, including turkey and other must-have ingredients, which might vary based on availability at your local store.

• Lidl: Thanksgiving dinner for ten servings under $30 starting on November 15, including turkey, sweet potatoes, veggies, herb stuffing, sweet rolls, fresh cranberries, milk, whipping cream, pumpkin pie mix, and crust.

• Aldi: offers up to 50% discount on a variety of Thanksgiving dinner items, including turkey, pumpkin pie mix, cranberries, gravy mix, french fried onions, potatoes, green beans, butter, flour, and more.

Check online for coupons and keep an eye out for discounts at local stores. Sometimes, stores offer free turkey if you spend a certain amount of money.

Consider using credit cards that offer the best rewards for grocery purchases, helping you maximize your savings during this holiday season.

Credit cards may provide up to 5% cash back on Walmart, Target, Whole Foods, Amazon Fresh, Instacart, and Wholesale Clubs.

Currently, the Chase Freedom Unlimited and Chase Freedom Flex credit cards offer 5% cashback on groceries and gas for a year for new customers + a $200 bonus.

If you’ve been thinking about getting a new credit card to maximize your rewards, the time before the holidays might be ideal, as many cards offer the best bonuses to new customers.

Also, keep in mind that the holidays often involve shopping and traveling, making it easy to meet the requirements for the bonus.

This information has been collected independently by big4credit.com. The card details have not been reviewed or approved by the card issuer.