This year's drought has wreaked all sorts of havoc on the price of basic foods, and holiday fare hasn't escaped its wrath. According to the latest Consumer Price Index, poultry is nearly 5 percent costlier this year than last, with turkey prices up 6 percent.
Here are several tips to keep turkey prices from gobbling into your Thanksgiving dinner budget:
1. Go Small for Savings: Bigger isn't always better, especially when price is determined by weight. Given all the scrumptious sides to be had on Thanksgiving, buying a smaller bird will be good for both your waistline and your bank account.
2. Be an Early Bird: Buy now for the best prices on turkey -- inventory is at its highest and you can buy multiple birds if you plan a turkey dinner do-over for Christmas. Peruse deals using the Coupon Sherpa mobile app to determine which store has the best prices, and remember some stores will price-match their competitors.