The price of Thanksgiving is hitting a new high. According to new research, the average American will spend about $952 on the holiday this year. The total includes food, drinks, décor, and travel, all of which have climbed due to inflation and increased demand.
Many families are finding that feeding a large group or traveling to celebrate comes at a much higher cost than in previous years. Some are scaling back menus, reducing guest lists, or shopping sales earlier than ever.
Are you hosting this year? How many people are coming over? And are you spending more or less than you did last Thanksgiving?