Here's what Thanksgiving dinner would've cost a century ago
Thanks to inflation, the price of turkey has skyrocketed since 1911.
This post comes from Megan Willet at partner site Business Insider.
The American Farm Bureau Federation estimates the cost of Thanksgiving around the country every year based on feeding 10 people a meal with a 16-pound turkey, bread stuffing, sweet potatoes, rolls with butter, peas, cranberries, carrots, celery, pumpkin pie with whipped cream, and coffee with milk.
But what would the same dinner have cost a century ago?
The Morris County Library in New Jersey researched the advertised prices of common Thanksgiving goods from November 18-22, 1911 in the NJ newspaper, The Daily Record. They discovered the cost of everything from sweet potatoes to plum pudding on the newspaper's old microfilm, and shared it with Business Insider.
Here's what a Thanksgiving dinner would have cost in 1911:
- Turkey: $.28/pound ($4.48 for a 16-pounder)
- Bread stuffing: $.05/pound
- Sweet potatoes: $.29/6 quart basket
- Rolls (bread): $.05/pound
- Butter: $.37/pound
- Peas: $.05/can
- Cranberries: $.13/quart
- Carrots: $.25/6 quart basket
- Celery: n/a
- Pumpkin pie: (milk, eggs, flour, sugar, pumpkin, nutmeg, cinnamon) ~$.84 to make (recipe)
- Whipped cream: n/a
- Coffee: $.25/pound
- Milk: $.05/pint
Total cost: ~$6.81
Of course, these prices don't take inflation into account.
That measly-seeming $6.81 suddenly jumps to a staggering $165.29 when you consider inflation (calculated here for 2012 prices).
It's mostly due to the sheer size of the turkey, since a 16-pounder in 1911 prices would cost roughly $110 today.
This year, the same-sized turkey would $21.76, according to the American Farm Bureau Federation.
See the full list of prices from New Jersey in 1911 over at the Morris County Library website, and be thankful that your turkey this year didn't cost over $100.
More from Business Insider:
- How to grill a turkey
- The sad truth about pardoned turkeys: They're all dead
- Popular restaurants on Thanksgiving Day
In 1913 Henry Ford offered men $5.00 per day to work on his assembly lines....no union to join as Ford thought they were communist-inspired. See a book, Outliers, which writes of the richest humans in history. JD Rockefeller, over $300 billion in 2008 dollars. Cleopatra is up there besides two Vanderbilts, et al.
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