Holiday-related financial anxiety was common among younger Americans, especially Gen Z.
Pizza is expected to be a popular alternative to turkey at Thanksgiving dinners as hosts and guests alike face increasingly stiff prices for traditional staples, according to a survey.
Holiday-related financial anxiety was common among younger Americans, with 54% of Gen Z respondents and 51% of millennials saying they felt stressed about covering Thanksgiving costs. Conversely, just 33% of Gen Xers and 39% of Baby Boomers reported feeling financial stress. in October compared to the same month one year earlier, according to the most recent Consumer Price Index.has surged nearly 75% this year
Inflation will likely result in an even higher cost of Thanksgiving dinner this year than last year’s record figure. The average cost of a Thanksgiving dinner for 10 was $53.31 — theThanksgiving celebrators are planning to take a number of cost-cutting steps for their events this year, with 57% of respondents indicating they planned to keep their gatherings small to save money.Inflation is expected to drive Thanksgiving dinner costs to record highs.
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