The Super Bowl is less than two weeks away and many are already planning their game day gatherings.
But Super Bowl parties are expected to cost more this year – up to 14% more, according to a report from
Wells Fargo. Inflation is partly to blame.
The report says that meat is the biggest item to see an increase. Chicken wings are a fan favorite for any Super Bowl party, but prepared wings are up to 26% more expensive than last year for boneless wings. Bone-in wings will cost about 14% more. Frozen wings are up 26% as well
The price of steak has also spiked. The Bureau of Labor Statistics listed USDA choice sirloin at $8.98 per pound last year. It is not up over $11 per pound – a 23% bump.
Prices for ground beef for hamburgers are up 17%.
So how does one keep the costs down for the big game?
When it comes to dip, guacamole is a good choice. Avocado prices are holding steady.
Pork is a good choice for meat. Prices are up 7%, but that is considered a bargain for meat this year. Popular dishes include pulled pork, pork sliders and pork tacos.
As for drinks, the cost of beer and wine has stayed relatively affordable this year.