Is Dining Out for Thanksgiving Really Cheaper than Grocery Prices?

I always get the realization that the holidays are approaching and that I’m going to be even poorer around this time of year. Yes, it’s the time of year when family gathers for a Thanksgiving feast that none of us can afford any longer. The cost of food has increased dramatically. The cost of our turkeys appears to be out of control due to inflation.

So it made me smile when I learned that dining out on Thanksgiving Day would really be less expensive. Then I remember how much my uncle drinks and what a fussy eater my child is, and I realize what a costly dinner this is going to be.

Thanksgiving Grocery Prices:

I simply can not believe that these days eating out is less expensive than cooking a meal at home. Thanksgiving at a restaurant, according to a “New York Post“, might be the “Smart money move” this year. Is it possible that’s true?
They based it on a Wells Fargo analysis that revealed that while grocery prices have increased by 10% since last November, restaurant prices have only increased by 6%. . . and 15% for meals specifically for Thanksgiving.

In other words, everything is more expensive, from potatoes and turkey to bread and butter. But is dining out for Thanksgiving this year truly less expensive?

The good news is that it IS cheaper to cook at home. The bad news? Even that is way more expensive now. Even when your Thanksgiving food comes along with the no-tip required feature, it is still more expensive but will always be more affordable than eating out.

Even that is acknowledged in the Wells Fargo report, which claims that it doesn’t make sense unless you’re out to dinner with a few friends AND you’re purely trying to avoid work. Cooking at home makes more sense as the number of people increases.

In other words, if you want to spare yourself time and hassle, it might make sense. But from a financial perspective, cooking at home is still far more affordable.
The Farm Bureau has not yet made available its annual statistics on Thanksgiving meal.

However, the cost of a typical supper in 2017 was $5.33 per person. So even if it doubled, which it won’t, cooking at home would still be much less expensive.

 

Florida Cities Make List Of Best For Thanksgiving

It’s hard to believe we’re just over 2 weeks away from Thanksgiving and three Florida cities made a list of the best to celebrate in.

When you think of the best places to celebrate Thanksgiving what comes to mind? Maybe being able to wear fall clothing? Places where there’s outdoor fall events going on? Cities known for good food?

WalletHub came up with a list of the best places to go and looked five key factors. They considered Thanksgiving Celebrations and Traditions, Affordability, Safety & Accessibility, Giving Thanks and Thanksgiving Weather Forecast.

The price of just about everything has gone up and maybe you’re worried about how that will affect your plans for the holidays. But there are ways to celebrate while also making your Thanksgiving more affordable.

How Can I Celebrate Thanksgiving On a Budget?

McKnight University Professor Kathleen D. Vohs recommends that if you’re hosting to not be afraid to ask your guests to bring something. Whether it be a side dish, dessert, or wine it can help lower your cost. Speaking of wine, she says to keep in mind that the first bottle is the one people taste the most, so after the first bottle is cracked, you can serve cheaper wines. University of South Carolina Professor Fang Meng says when traveling to try to avoid the peak travel dates, especially for air travel. If you’re driving, use apps like GasBuddy and GetUpside to find gas stations with the best prices on gas.

Best Cities to Celebrate Thanksgiving:

  • 10. Miami, FL

    Dogs Dress Up For Annual Tompkins Square Park Halloween Parade

    (Photo by John Moore/Getty Images)

  • 9. Irving, TX

    Troops Deployed To U.S. Mexican Border In Texas Celebrate Thanksgiving

    (Photo by Tamir Kalifa/Getty Images)

  • 8. Durham, NC

    Laugh Factory Hosts 41st Annual Free Thanksgiving Dinner

    (Photo by Michael Tullberg/Getty Images)

  • 7. Plano, TX

    Consumer Prices See Largest Increases In 30 Years

    (Photo by Mario Tama/Getty Images)

  • 6. Tampa, FL

    Friends Television Stills

    (Photo by Warner Bros. Television)

  • 5. Gilbert, AZ

    Crowds Gather For Macy's Annual Thanksgiving Day Parade

    (Photo by Hiroko Masuike/Getty Images)

  • Raleigh, NC

    Turkeys Raised On California Farm

    (Photo by Justin Sullivan/Getty Images)

  • Las Vegas, NV

    Holiday Air Travel Prices Expected To Be Most Expensive In Last 5 Years

    (Photo by Justin Sullivan/Getty Images)

  • 2. Orlando, FL

    Bay Area Charities Feed The Needy Ahead Of Thanksgiving

    (Photo by Justin Sullivan/Getty Images)

  • 1. Atlanta, GA

    Lemurs Enjoy Thanksgiving Feast At San Francisco Zoo

    (Photo by Justin Sullivan/Getty Images)

  • Universal Studios Announces BOGO Deal For Florida Residents

    Just in time for the holidays Universal Studios has announced a BOGO ticket deal for Florida residents.

    We all have those hard to buy for people on our Christmas shopping list, but one thing I think everyone would love are Universal tickets! Now through January 26th, Florida residents who buy a 2-park one-day park-to-park ticket online will get a second day free! This deal is online only, so keep that in mind, but it will save you $179 so it’s totally worth it.

    You can use the ticket on non-consecutive days through January. There are some blackout dates November 21-26 and December 22-January 2.

    If you purchase the Universal Studios BOGO deal, you will need to prove that you’re a Florida resident when you purchase your tickets, when you pick them up and again when you redeem them. To buy your tickets now, click here

    Something else to look forward to at Universal are holiday festivities. Starting this Saturday, November 12th, guests will get to experience the return of Grinchmas and The Magic of Christmas at Hogwarts Castle. Also returning this year, Universal’s Holiday Parade, the Holiday Tour and the Grinch Character Breakfast.

    Holidays at Universal Orlando Resort

    Holidays at Universal Nov 12, 2022 - Jan 1, 2023Anyone can “Ho-ho-ho” and “Fa-la-la” for the holidays. But if you want to scream and laugh your jingle bells off, you’ve got to awesome up your holiday at Universal Orlando Resort, where we do the holidays big time. Join the celebration of Christmas in The Wizarding World of Harry Potter with festivities in both lands. Catch the larger-than-life balloons of Universal’s Holiday Parade featuring Macy’s. Enjoy The Grinchmas Who-liday Spectacular starring the Grinch. And top it off with a stay at one of Universal’s spectacular hotels. From the parks to the hotels to Universal CityWalk, there’s themed entertainment, food and fun around every corner. It’s the biggest, loudest, awesomest holiday celebration of the season. And it’s only at Universal Orlando Resort. https://bit.ly/3vWZ4Cx

    Posted by Universal Orlando Resort on Thursday, August 11, 2022

     

    Universal is also introducing some delicious holiday treats to make the season even sweeter.

    • Earl’s Salted Caramel Hot Chocolate Acorn Bomb

      This delicious beverage consists of a chocolate acorn shell filled with salted caramel and mini marshmallows, served with Italian hot chocolate (available at TODAY Café and Battery Park – near Mel’s Drive-In)

    • Roast Beast Sandwich

      The Roast Beast Sandwich is a mini meatloaf sandwich featuring French onion soup-dipped roast beef with a cheddar cheese sauce – and even a “secret” sauce – served on a pretzel bun (available at Circus McGurkus Café Stoo-pendous)

      roast beast sandwich

    • Grinch-Themed Treats

      Grinch-themed sweets include a Grinch Hot Chocolate Bomb, a Grinch Ice Cream Sandwich and Grinch cookies just to name a few (available in Seuss Landing)

      grinch ice cream sandwich grinch hot chocolate

    • Santa’s Cookies and Milk “Shake”

      Santa’s Cookies and Milk “Shake” come complete with cookie butter & vanilla ice cream, mini chocolate chip cookies, and topped with a delicious chocolate Christmas tree and sprinkles (available at The Toothsome Chocolate Emporium & Savory Feast Kitchen)

      santa's milk and cookies

    • Specialty Holiday Beverages

      The Nutty Nog has a creamy, frozen eggnog base, The Deluxe Nog is served with Bacardi 8 and The Fire Nog is delicious liquid cinnamon-cream treat using fireball cinnamon whiskey