Cookout Costs POLL
Americans will be gathering on the Fourth of July for a day of fireworks, food, parades and more. But as you celebrate with your friends and family this Independence Day, your cookout bill will be a bit higher.
With plenty of options to feed a hungry crowd, a group of 10 this year can expect to pay $71.22 for their celebration, up 5% from last year and up 30% from five years ago. Nationally, this means we are surpassing $7 per person for the first time, with the total meal coming to $7.12 a person. Only two dishes decreased in price while everything else on your table rose, on average. Your grocery bill may be a shock, but it is in line with the inflation that has roiled the economy – including the farm economy – over the last several years.
Meat will put the biggest dent in your grocery budget. Ground beef, pork chops and chicken breast account for 50% of the total cookout cost, as we see changes in the pork and beef industries having a big impact on supermarket prices.
This year, 2 pounds of ground beef will cost an average of $12.77, up more than $1, or 11%, from last year.
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