Rising costs push average Thanksgiving bill to nearly $1,000

This Thanksgiving will cost the average American almost $1,000, new research has revealed.

That’s according to a survey of 2,000 U.S. adults who celebrate Thanksgiving, split evenly by generation, conducted by Talker Research on behalf of banking app Chime.

Results found that those polled will spend an average of $175 on food alone this year and another $110 on drinks. But meal time necessities aren't the only thing on the tab. On average, Americans polled will spend $83 on decor for the holiday and another $291 on miscellaneous items such as fixing a broken appliance or purchasing a new outfit.

And though one-third of respondents aren’t planning to spend anything on travel for the holiday, those who are plan to spend an average of $293, bringing the Thanksgiving spend total to $952. And with the average person hosting eight different people, each plate will total an average of $21.88.