The price of a July Fourth cookout will be 5% higher in 2024 than the previous year, according to a survey from the U.S. Farm Bureau released this week.
The farmer and rancher organization said an Independence Day cookout for 10 people will cost an average of $71.22 this year versus $67.73 in 2023.
The overall U.S. consumer price index has been trending lower in recent months, but many Americans remain worried about inflation in an election year.
The Farm Bureau survey showed the retail price for 2 pounds (0.91 kg) of ground beef increasing by 11% to $12.77, although chicken prices fell 4% from last year at $7.83 for 2 pounds.
Americans typically celebrate the midsummer Independence Day holiday with parades, fireworks and cookouts featuring hamburgers, steaks, hot dogs, chicken, corn on the cob and other foods.
