25% say they couldn't afford to have Thanksgiving dinner

One in four Americans say they won’t be having Thanksgiving dinner this year due to sky-high prices. One in five say they aren’t sure they can cover the costs of Thanksgiving, a recent Personal Capital survey found.

This is down from 90% of Americans who said in 2021 they planned to celebrate Thanksgiving, the survey notes, citing a 2021 IPSOS survey.

“With financial strain and tightened budgets, Americans may have to prioritize what matters most during the season of gratitude,” the Personal Capital survey states.

Twenty-five percent said they weren’t having Thanksgiving dinner “to save money;” more than one-third said they are having smaller dinners, the survey found.