For many families, Thanksgiving is a time to gather around a festive feast, where turkey takes center stage. While mashed potatoes, sweet potato casserole, and pumpkin pie are essential components, a beautifully roasted turkey often serves as the focal point of the meal.
With rising food costs in recent years, it’s comforting to know that turkey prices have remained relatively stable for the 2024 holiday season.
A Wells Fargo Agro-Food Institute report confirms that turkey prices this year show minimal change compared to 2023, offering relief for budget-conscious shoppers. Branded turkeys are approximately 2% cheaper, while store-brand options have seen a slight 5% increase, maintaining their status as the more economical choice.
Below is a detailed look at where to find the most affordable Thanksgiving turkeys and meal bundles in 2024.
Turkey Prices Across Major Retailers
A recent analysis by Finance Buzz compared the costs of a 12-pound frozen turkey and other Thanksgiving essentials at several grocery chains. This report provides valuable insights into the best places to shop for your holiday meal. Here’s how the prices stack up:
| Grocery Chain | Turkey Price (12 lbs) | Cost for an 8-Person Meal |
|---|---|---|
| Publix | $34.44 | High |
| Wegmans | $32.38 | High |
| Whole Foods | $29.88 | High |
| Kroger | $22.68 | Moderate |
| Hy-Vee | $19.08 | Moderate |
| H-E-B | $17.76 | $43.42 |
| Aldi | $12.84 | $34.83 |
| Albertsons | $11.88 | $44.51 |
| Walmart | $11.88 | $35.83 |
| Target | $9.48 | $36.52 |
Top 5 Stores for the Cheapest Turkeys
5. H-E-B
The popular Texas-based grocer offers a 12-pound turkey for just $17.76, saving shoppers $6 compared to last year. However, the total cost of an eight-person Thanksgiving meal at H-E-B increased slightly, from $41.56 in 2023 to $43.42 in 2024.
4. Aldi
Known for its unbeatable prices, Aldi continues to shine as an affordable choice for Thanksgiving. The chain offers a turkey for $12.84, $2.40 less than last year. Aldi also tops the list as the most affordable overall, with an entire Thanksgiving meal for eight costing just $34.83.
3. Albertsons
With a turkey price of $11.88, Albertsons is another excellent option for budget-savvy shoppers. The total cost for a full Thanksgiving spread from this retailer is $44.51, making it a competitive choice for families in the Southwest and along the West Coast.
2. Walmart
The retail giant matches Albertsons’ turkey price at $11.88 but secures a higher ranking due to its accessibility, with over 4,600 locations nationwide. Walmart’s full Thanksgiving meal comes in at $35.83, making it the second-cheapest option overall. However, the price of their turkey rose slightly by 12 cents compared to last year.
1. Target
Taking the top spot, Target offers the cheapest turkey at $9.48, $2.40 less than in 2023. In addition, Target’s pumpkin pie costs just $4.99, tying with Aldi for the lowest price. The total expense for a Thanksgiving meal from Target is $36.52, securing its place as a top choice for holiday shoppers.
Factors Influencing Turkey Prices
- Weight Variability: Turkey prices may differ slightly based on weight, as larger birds cost more.
- Regional Differences: Prices can vary across locations within the same grocery chain.
- Seasonal Promotions: Many stores announce deals closer to Thanksgiving, offering additional savings.
How to Save on Your Thanksgiving Feast
- Shop Early: Take advantage of pre-holiday promotions to secure the best deals.
- Consider Store Brands: Opt for store-brand turkeys to save money without compromising quality.
- Check for Meal Bundles: Some retailers offer discounts when purchasing turkeys as part of a meal bundle.
Conclusion
Thanksgiving is a time to gather with loved ones and enjoy a hearty meal, and this year, you don’t have to break the bank to do so. Target, Walmart, Aldi, Albertsons, and H-E-B offer some of the most affordable turkeys, ensuring that families can stay on budget without sacrificing quality.
By planning ahead and shopping at these budget-friendly retailers, you can enjoy a festive holiday feast without the financial stress.
