Thanksgiving costs are down from last year, according to the American Farm Bureau Federation, but budgets remain tight for many this season. "CBS Saturday Morning" has some ways to save on your feast this year, including how to use AI to cut costs.

The average cost of a Thanksgiving meal for ten people in the United States has dropped to just over $55, according to the American Farm Bureau Federation, down from $58 last year and $61 in 2023. While overall costs are lower, turkey prices have risen by 40%, and some items like cranberries and green beans are also more expensive, though staples such as butter, bread, and eggs have become cheaper.

CBS highlights how artificial intelligence tools, including free chatbots and mobile apps, can assist shoppers in planning meals, generating shopping lists, and finding the best deals. Grocery chains are also offering pre-packaged meal deals, and digital circulars allow consumers to compare prices more easily, helping them save both time and money during the holiday season.

Keeping Thanksgiving costs down with AI

begin this hour with the cost of your Thanksgiving feast. As you get ready to pop that turkey in the oven in just five days, you'll be saving some cash this year. The American Farm Bureau Federation says the average price of a full spread for 10 people, including turkey, potatoes, stuffing and pumpkin pie mix is a little more than 55 bucks. That's down from $58 last year and even better from 2023 when it costs $61. CBS Money Watch correspondent Kelly O'Grady shows us how you can use a I to help plan your meal and track down the best prices, stuffing veggies, pie, all the fixings for a Thanksgiving feast. What can consumers expect this Thanksgiving when it comes to prices? So the good news is Thanksgiving is going to be a little less expensive than it was last year, but turkey prices are up 40%. Phil Lambert, a food industry analyst known as the supermarket guru, says frugal shoppers can feast for under $6 per person. Average frozen wholesale turkeys are $1.32 per pound. That's up from $0.97 per pound last year. Feast favorites cranberries are up 6% while green beans are up 32%. However, staples like lettuce, milk, soft drinks and potatoes are flat or up slightly from a year ago, while butter, bread and eggs are down. Tariffs are still a concern. Whether it's an imported product like olive oil or imported cheeses or imported wines, tariffs have an effect. But also let's not forget there's a tariff on aluminum cans. So that in fact, even on our canned pumpkin is going to increase those prices. So to save you time and money before you stock your kitchen, try using artificial intelligence, get help planning with recipes and finding the cheapest deals. Free AI chat bots like Gemini and chat GPT work like personal assistants. I'm using Microsoft Copilot. Can you prepare for me a Thanksgiving shopping list for eight people that will come in under $50? You can go for a dry brine turkey around $15 roasted Brussels sprouts and carrots, mashed potatoes and a bit of box stuffing. I even asked it to find the cheapest turkey near me and generate recipes for dietary restrictions. There's a really great gluten free stuffing recipe that you can try out. It's a bit of a classic approach. And remember these most grocery stores still have weekly circulars promoting their deals, but now you can compare them on your phone. The free flip app has circulars for most national and local grocers. When it's time to shop. Can you organize my grocery list in the chat into store section so it's easier to find? Absolutely. Let's get it store section ready. So when you walk into the store, you'll know exactly where to go. My camera can also comparison shop. The cheapest place to snag that stovetop stuffing mix in your area right now is actually Walmart. They've got to go in for about a buck, 88 per box. Another time saver, pre-packaged meal offerings. Grocery chains, including Walmart, Aldi and Lidl have deals to feed a family of 10 for $40 or less. All include turkey, stuffing, potatoes, pie, and other sides. Tips to help you gobble up savings for your Thanksgiving feast and beyond. For CBS Saturday morning, Kelly O'Grady, New York. Great tips. Yeah, I admit it. And I'm too lazy for many of them, but I'm going to go to market basket in Boston and I'll get some deals there. Oh, you dropped that name. I know cause they weren't on that list.

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