food costs

This year, consumers witnessed a lot of cost increases in food, so it's only natural that the price of Thanksgiving dinner has crept up, too. Agriculture experts estimate that Thanksgiving costs have risen by an average of six percent this year, and the American Farm Bureau, which conducts a Thanksgiving yearly survey, cited $44.61 as the average cost of a Thanksgiving for 10 in 2007.

I'm not surprised; in fact, I'm certain that I spend at least twice as much on my Thanksgiving dinner. How much do you plan to shell out?

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Earlier this week the San Francisco Chronicle published an interesting article about food spending. In the story, author Rob Baedeker unscientifically asks grocery store goers if they know how much they spend on food each month. The majority have no food budget and have never totaled their grocery and eating out receipts. I'll admit, I had no clue how much I spent on food and was a little surprised when I checked in with my bank. Between groceries and restaurant bills, I spend a whopping $500 on food! How about you?

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