How Much Per Pound is Turkey? A Complete Breakdown of Turkey Prices

Turkey is a lean, versatile and budget-friendly protein that is a staple on many grocery lists But with prices fluctuating throughout the year, a common question is – how much does a pound of turkey cost on average?

In this comprehensive guide, we’ll break down the average cost per pound of turkey by type, look at what impacts pricing, provide tips for saving money, and discuss how turkey costs stack up against other proteins like chicken and beef.

Average Turkey Prices Per Pound

The average price for a pound of raw turkey across all types in the United States is $3.29, according to recent data. However, there is significant variability in per-pound turkey costs depending on the specific cut or product purchased.

Here is a detailed breakdown of average per-pound prices for different turkey products

• Whole Frozen Turkeys – $1.35/lb
• Turkey Breast Cutlets – $6.49/lb
• Ground Turkey – $4.29/lb
• Turkey Tenderloins – $9.99/lb
• Deli Sliced Turkey – $11.49/lb

As you can see, whole frozen turkeys are by far the most economical choice at just over $1 per pound. However, convenience products like pre-sliced deli turkey and specialized cuts like tenderloins cost significantly more.

What Impacts the Cost of Turkey?

Several factors account for the fluctuations in turkey prices throughout the year and differences between products:

• Type of Cut – As shown above, different turkey cuts vary widely in price per pound depending on desirability. A whole turkey is the most affordable choice.

• Time of Year – Prices drop in spring/summer when demand decreases after the winter holidays. Expect peak pricing in November/December.

• Frozen vs. Fresh – Frozen whole turkeys are about 30% cheaper than fresh. Convenience commands a premium.

• Organic/Free-Range – Specialty birds are smaller in size and run $1-2 more per pound on average.

• Store Type – Warehouse clubs offer the best deals on frozen turkeys when stocking up for holidays.

• Location – Regional pricing differences account for +/- $0.25 per pound across different areas of the U.S.

Tips for Saving Money on Turkey

Here are some tips and strategies for getting the best possible deal when purchasing turkey:

• Buy whole frozen turkeys – The most budget-friendly option, often under $1 per pound.

• Shop warehouse stores – Stock up when whole frozen turkeys are heavily discounted leading up to holidays.

• Check ads and buy in bulk when on sale – Stock up on extra turkey to freeze for later when prices drop.

• Go with generic store brands – Save up to 20% opting for store brand over name brand turkey.

• Buy larger pack sizes – Larger-volume packages are typically cheaper on a per-pound basis.

• Use lesser-known cuts – Wings, thighs, drumsticks and other parts often cost less.

• Make your own ground turkey – Grind and cook your own for burgers, meatballs, etc.

• Purchase near “sell-by” dates – Ask for discounted turkey nearing its sell-by date for quick cooking/freezing.

Monitoring ads for sales, buying generic brands, purchasing whole birds, and stocking up when prices are low are great ways to beat the average price per pound for turkey.

Turkey Prices Over Time

Over the past decade, the average retail price for turkey has steadily increased, driven by factors like higher production costs and growing consumer demand. Here are the national average turkey prices per pound over the last 10 years:

• 2022 – $3.29
• 2021 – $3.19
• 2020 – $3.12
• 2019 – $2.99
• 2018 – $2.89
• 2017 – $2.79
• 2016 – $2.69
• 2015 – $2.59
• 2014 – $2.49
• 2013 – $2.39

As you can see, turkey prices have risen around 35% over the past 10 years. The expectation is turkey costs will continue gradually increasing over the next decade as well.

How Turkey Compares to Chicken and Beef

Despite the rise in prices over time, turkey remains one of the most affordable and lean sources of protein compared to beef and chicken:

• Ground Beef: $4.99/lb
• Boneless Skinless Chicken Breasts: $3.99/lb
• Lean Ground Turkey: $4.29/lb
• 85% Lean Ground Beef: $5.49/lb
• Whole Frozen Turkey: $1.35/lb

So while fresh boneless chicken breasts are cheaper than ground turkey, a whole frozen turkey is by far the most economical choice. And turkey provides more lean protein per calorie than higher-fat beef options.

The Bottom Line

When it comes to buying turkey, pricing can range significantly based on the cut, whether it’s frozen or fresh, time of year, and retailer. But focusing on whole frozen turkeys, buying larger quantities when on sale, and seeking out discounts will help you land the best deal. Compared to beef and chicken, turkey remains a wallet-friendly protein option for shoppers looking to stay within budget.

Frequently Asked Questions on Turkey Prices

What is the average cost per pound for a whole turkey?

The average cost per pound for a whole frozen turkey is $1.35. Whole fresh turkeys tend to run between $1.99 to $2.99 per pound.

How much does a 15 pound turkey cost on average?

A frozen 15 pound turkey costs about $20 on average. A fresh 15 pound turkey averages $30-$45. Organic and free-range turkeys are more expensive at $37-$75 for a 15 pound bird.

Why are turkey prices higher around Thanksgiving?

Turkeys are more expensive around Thanksgiving and Christmas because demand spikes while supplies are limited. Farmers raise turkeys all year for these peak holiday seasons.

What’s the cheapest place to buy a turkey?

The cheapest turkey prices can be found at warehouse club stores like Costco and Sam’s Club, especially when they run holiday sales. Discount grocery stores also offer competitive bargains on frozen turkeys.

Should I buy a fresh or frozen turkey?

Frozen turkeys are significantly cheaper than fresh, so buy frozen to save money. Just be sure to thaw the turkey safely in the refrigerator over several days before cooking.

How long do I have to cook a frozen turkey?

Allow 50% more cooking time for a frozen turkey. For example, cook a thawed 16 lb turkey for 3 hours, and a frozen 16 lb turkey for 4.5 hours. Check the internal temperature to confirm doneness.

Can I freeze and reuse a leftover turkey?

Yes, you can safely freeze cooked turkey leftovers for 2-3 months. Portion the meat into reusable containers or bags before freezing. Reheat fully to 165°F when ready to eat again.

The Bottom Line on Turkey Prices

When looking for the best deals on turkey, focus on buying whole frozen birds, particularly around the holidays when sales are plentiful. With the right shopping strategies, you can keep your protein costs low while enjoying delicious and healthy turkey meals for your family. Monitor prices over time and adjust your buying patterns to make the most of your grocery budget.