Your Fourth of July cookout bill will be higher this year. A party of ten can expect to pay $71.22 for their celebration, up 5% from last year and up 30% from five years ago. Nationally, this means we are surpassing $7 per person for the first time, with the total meal coming to $7.12 a person. Only two dishes decreased in price (chicken and potato salad), while everything else on your table rose.
Between the lines: Inflation is not going away.