MONEY & LIFE

Your July 4th Barbecue Will Be More Expensive

By: Anneken Tappe · July 01, 2024 · Reading Time: 2 minutes

BBQ Prices

Got Independence Day plans? They could cost you more than last year.

Hosting a 4th of July barbecue for 10 people could cost you about $71.22 total, a 5% increase from last year, according to new data from the American Farm Bureau Federation . That’s more than inflation, which stood at 3.3% in May. The estimate assumes you’re serving an array of cookout staples like cheeseburgers, potato chips, chicken, pork, lemonade, desserts, and more.

High Meat Costs

The rising price of meat is a major driver behind the higher BBQ costs this year. If you’re looking to cut costs for your cookout, try swapping burgers and pulled pork for non-meat options. Per the Farm Bureau’s analysis, ground beef, pork chops, and chicken breast prices account for half of the total calculated cookout cost.

​​In particular, the price for 2 lbs of ground beef now sits at an average of $12.77, having risen more than $1 from last year, due to limited supply. Pork chops have also risen over $1 since last year. The price for 2 lbs of chicken breast is meanwhile down 4% from 2023.

Battling Inflation

The cost of your holiday barbecue doesn’t necessarily rise every year. In 2023, for example, the cost decreased 3%, per CNN .

Even so, overall consumer prices inflation is significantly lower this year than it was in 2022 or 2023. But just because prices are rising at a slower pace than they did before, doesn’t mean they’re coming down. Many Americans continue to struggle in the higher price environment, with inflation as a top concern.

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