July 4th Cookouts Remain Affordable
July 2, 2019
A cookout of Americans’ favorite foods for July 4th, including hot dogs, cheeseburgers, pork spare ribs, potato salad, baked beans, lemonade and watermelon, will cost just a few cents more this year, coming in at less than $6 per person, says the American Farm Bureau Federation.
Farm Bureau’s informal survey reveals the average cost of a summer cookout for 10 people is $52.80, or $5.28 per person. The cost for the cookout is up just 11 cents (less than 1%) from last year. For more information on the survey, visit https://bit.ly/2Xpa7oD.
The United States Department of Agriculture’s Economic Research Service estimates that overall retail food prices have fallen from 3.6 % per year in 1999 to 2% in 2018.