Economists say it is worth remembering that "prices are still nearly 20 percent higher than they were before the pandemic."

Thanksgiving dinner expenses have increased since 2014, with the total cost for a meal for ten rising from $49.41 in 2014 to $58.08 this year.

Those in the West can expect to pay at least 14% more for Thanksgiving groceries than the rest of the country at $67.05 for a party of 10, stated the report. Other regions of the U.S. are lower by at least $8. Southern dinners are the lowest cost at $56.81, followed by the Northeast at $57.36 and $58.90 in the Midwest.