The survey shows that turkey prices are the lowest since 2014.
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The survey shows that turkey prices are the lowest since 2014.

Americans will be spending less on their Thanksgiving meal this year. The cost is down for the third year in a row.

The average cost of a Thanksgiving meal for 10 is $48.90 this year.

A annual survey from the American Farm Bureau finds the average cost of a Thanksgiving meal for 10 is $48.90 or less than $5 per person. 

Turkey is also down 3 percent. A 16-pound bird will cost you about $21.

Greg Hutchins of Heritage Farm in Bowdon sells organic pasture-raised turkeys. He says while his birds are more expensive, he’s seen customer demand go up. He went from selling 50 birds six years ago to 150 turkeys this year.

"They are being driven more to local and sustainably-raised, especially meat," he said.

The survey also includes the cost of other foods found in a traditional Thanksgiving meal such as stuffing, sweet potatoes and pumpkin pie.