An annual survey finds the cost of an Independence Day cookout has risen to a 10-year high of $7.38 per person, but remains the cheapest in this period after adjusting for inflation.
The American Farm Bureau Federation estimates that feeding 10 people meat and potatoes on America’s 250th birthday will cost $73.82, up 4% or $2.90 from last year before inflation. That’s just below the 4.2% inflation rate for the 12 months ended in May, including a 3.1% rise in food prices.
The farmers’ advocacy group found that unadjusted prices rose between 1.7% and 13.8% from last year for cheese, lemonade, strawberries, ground beef, hamburger buns, pork chops, chicken breasts, ice cream, homemade potato salad, chocolate chip cookies, and pork and beans.
