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The cost of a Thanksgiving dinner is at a five-year low, according to a new report

The American Farm Bureau Federation says that the price of a traditional Thanksgiving dinner is down 1.5% from last year, due to the declining cost of turkeys.

  • The average price of a traditional Thanksgiving dinner is at a five-year low, according to a 2017 report from the American Farm Bureau Federation (ABF).
  • For a group of 10, it will cost around $49.12 this year — or $4 per person.
  • The low price is largely due to the declining cost of turkey.

For the average American family, the price tag of this year's Thanksgiving dinner will be at its lowest since 2012.

According to a new report from the

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