Hosting a feast for your whole family is expensive.
According to a new study from LendingTree, hosts will spend an average of $334 on Thanksgiving dinner this year for an average of 11 guests. That’s $31 per person.
More than a quarter of Americans hosting Thanksgiving this year say it’s a financial strain and 42 percent of hosts say they’ll be taking time off work to prepare the feast, and more than half of them will give up an average of $588 to do so, which means they’re losing money on the meal.
Compare that with a survey conducted by alcohol delivery service Drizly, which revealed 70 percent of people will be bringing alcohol to their “Friendsgiving” celebrations, while 47 percent said they’ll bring a side dish and 29 percent said they’d bring dessert. Six percent of people said they’d show up empty-handed (but the study didn’t say what percentage of people will un-invite those friends to Thanksgiving celebrations next year).
Despite the expense and hard work (and the people who show up empty-handed), according to the LendingTree study 76 percent of Americans hosting this year say they do it because they love it -- but let your hosts know you appreciate them this year. And maybe wash a dish or two to say thanks.