The pictured chart reveals that, according to Indiana Farm Bureau’s annual Thanksgiving market basket survey, Hoosier shoppers can expect higher prices this Thanksgiving. Photo provided by Colleen Baker.

News Release

INDIANAPOLIS — Indiana Farm Bureau’s annual Thanksgiving market basket survey shows that Hoosier shoppers can expect to spend approximately 14% more at the grocery store than in 2021.

According to this year’s pricing survey, Hoosiers are paying an average of $61 for a Thanksgiving dinner for 10 people, or $6.10 per person. However, Indiana’s market basket price is approximately 5% lower, or 31 cents less, than the U.S. average price of $6.41 per person.

The total market basket price of $61 includes a 16-pound turkey, stuffing, sweet potatoes, rolls, peas, a carrot and celery veggie tray, whole milk, cranberries, whipping cream, ingredients for pumpkin pie and miscellaneous baking items.

The INFB Thanksgiving market basket survey was conducted in late October by volunteer shoppers across the state who collected prices on specific food items from one of their local grocery stores. Volunteer shoppers were asked to look for the best possible prices, without taking advantage of special promotional coupons or purchase deals.

According to the American Farm Bureau Federation, the main driver of the increase is inflation, as well as other factors including supply chain disruptions and the war in Ukraine, with other countries pulling back on exports to protect domestic supplies.

More details about AFBF’s national Thanksgiving market basket results can be found here.