Independence Day Cookout Costs Hit Record High Amid ‘Vibecession

Survey: Cost of Independence Day cookouts reach record high levels
(ABC – Baltimore)

July 4th is here and that means many families will gather for a celebratory cookout.

Unfortunately this Independence Day, it might cost you a little more money.

According to a newly released survey from the American Farm Bureau Federation, an average barbecue for 10 guests will be around $72.10 — about 5 percent more than last fourth. That’s a record high since the survey started in 2013.

It studies nationwide grocery prices for holiday food favorites like hamburgers and chicken breasts.

All but two items on the list (chicken breasts and potato salad) went up in price since 2023.

Ground beef, pork chops, lemonade and potato chips lead the way in markups.

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It doesn’t matter that the stock market is soaring and that unemployment is low, millions of Americans are in a financial funk.

There’s a name for it.

“Vibecession” is the disconnect between how the economy is doing and how Americans feel about their finances.

Concerns about inflation peak as Americans struggle to shake off a ‘vibecession’

Just look at some of these price hikes for your holiday BBQ:

  • 2 pounds of ground beef, $12.77 (+11%)
  • 2 pounds of chicken breasts, $7.83 (-4%)
  • 3 pounds of pork chops, $15.49 (+8%)
  • 1 pound of cheese, $3.57 (+1%)
  • 1 package of hamburger buns, $2.41 (+7%)
  • 2 ½ pounds of homemade potato salad, $3.32 (-4%)
  • 32 ounces of pork and beans, $2.49 (+2%)
  • 16 ounces of potato chips, $4.90 (+8%)
  • 13-ounce package of chocolate chip cookies, $3.99 (+2%)
  • ½ gallon of ice cream, $5.65 (+7%)
  • 2 pints of strawberries, $4.61 (+1%)
  • 2 ½ quarts of lemonade, $4.19 (+12%)

American Farm Bureau: The grocery bill for the BBQ is up 5% from 2023, and almost 30% from just five years ago.

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