Your Thanksgiving turkey is going to cost you a lot more this year

Thanksgiving Turkey
Thanksgiving Turkey Photo credit Getty Images

You can add turkey to the list of things that are costing more this year.

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The CDC recently announce that the bird flu has killed over eight million turkeys, leading to a shortage this Thanksgiving.

In Southwestern PA, nearly 2,000 turkeys have died this year from the flu.

The American Farm Bureau Federation says the bird flu, along with inflation is leading to record-high turkey prices.

Fresh boneless, skinless turkey breast was at a record high of $6.70 per pound last month, 112 percent higher compared to the same time last year when prices were $3.16.

“All of us are feeling the pain of higher prices at the grocery store,” said AFBF President Zippy Duvall. “HPAI outbreaks in the spring and an uptick in cases in the fall are taking a toll, but farmers remain dedicated to ensuring America’s food supply remains strong.”

And farmers aren’t reaping the benefits of higher prices, their production costs have risen nearly 18 percent over the past year.

The USDA says turkey prices are currently up about 23 percent compared to last year.

An 8 to 16-pound turkey will cost you more in 2022 at $1.64 per pound.

And that isn’t all.

Everything from potatoes to cranberries, eggs and even butter is costing consumers more and that will add up quickly.

Overall, Yahoo! Finance reports Thanksgiving, in total, will cost nearly 15 percent more compared to 2021.

Some tips to save a few bucks:

Frozen turkeys tend to cost a little less than fresh ones, frozen and canned vegetables are cheaper than fresh and sweet potato prices are down compared to regular potatoes.

Featured Image Photo Credit: Getty