2012 Cost: $22.23
The centerpiece of the Thanksgiving meal—the turkey—is more expensive this year, accounting for the nearly all of the meal's higher cost. The AFBF estimates the cost of a 16-pound turkey to be $22.23, or roughly $1.39 per pound. That's an increase of 4 cents per pound, or a total of 66 cents a turkey.
However, shoppers may be able to get a better deal on their turkey, since many stores run promotions and special deals that reduce the cost of the bird. For the survey, volunteer shoppers couldn't take advantage of these deals; you, however, certainly can.