A classic Christmas dinner for a small family will cost 16.4% more this year due to ongoing high inflation, according to a new report.
That spike in the average cost of a yuletide feast from $51.75 to $60.29 is twice the 8.2% increase from 2020 to 2021, retail data collector Datasembly said. The research firm averaged prices for 13 foods ranging from turkey to eggnog at Albertsons, Kroger, Target and Walmart.
“This increase is the result of rising prices of several holiday grocery staples including biscuits, butter and russet potatoes, which have increased the most in price, respectively,” Datasembly CEO Ben Reich told The Washington Times.