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Weatherhead's Jonathan Ernest discusses the cost of Thanksgiving

Media | December 02, 2025 | Story by: Editorial Staff

The cost of Thanksgiving feasts drops in 2025

Spectrum News: Jonathan Ernest, assistant professor of economics at Weatherhead School of Management, said that while a Thanksgiving meal averages $55 this year, bundle deals can mislead: items have changed and some sides cost more. He adds farm inputs—from fertilizer to tractor parts—remain pricier due to inflation, even as turkey prices fall.