Thanksgiving is known as one of the most affordable holidays to host, with a classic meal for 10 costing just over $58 in 2024. This is a decrease of 5% from the previous year, but still 19% higher than five years ago according to the American Farm Bureau Federation. Andrea Dekker, a home organization and cooking tips publisher, emphasizes the affordability of Thanksgiving foods such as potatoes, squash, carrots, apples, and turkey.
To host Thanksgiving on a budget, focus on seasonal ingredients like sweet potatoes and carrots, which are not only affordable but also in season. Utilizing ingredients you already have, such as bread ends for stuffing or French toast, can help save money. Additionally, consider visiting local orchards for discounted produce that can be used to make apple bread or pies.
Substituting high-cost items with more affordable alternatives can also help cut costs. For example, making last-minute substitutions based on sale items at the grocery store or opting for cost-effective side dishes like canned goods can make a difference. Hosting a potluck where guests bring their own dishes to share is another budget-friendly option.
When it comes to leftovers, get creative by turning them into new dishes like enchiladas, soup, or pot pie. Freezing leftovers can help them last longer, while repurposing food items like mashed potatoes into pancakes can add variety to your meals. Finally, rein in decor costs by using natural elements like branches, dried flowers, or pine cones, and reusing seasonal items like apples and squashes for a tablescape.
By following these tips and strategies, you can host a memorable Thanksgiving meal without breaking the bank.