According to a recent Farm Bureau press release, an Independence Day cookout will cost $70.92 for 10 guests this year, the second-highest cost since 2013 when Farm Bureau began their annual Marketbasket Survey published by The American Farm Bureau Federation.

This estimation has decreased 30 cents from last year’s record-high cost, according to the press release. The cost per person is estimated at $7.09.

Farm Bureau stated that cookout favorites from the survey include cheeseburgers, chicken breasts, pork chops, homemade potato salad, strawberries, and ice cream.

In the press release, Loren Koeman, Michigan Farm Bureau lead economist, explained that despite the record-high costs, Americans still have one of the most affordable food supplies in the world. Koeman explained that Americans spend a smaller percentage of their income on food than any other country.

Koeman noted in the press release that high food prices doesn’t necessarily mean more money for farmers.

“Just like consumers, farmers are price takers — not price makers,” Koeman said in the press release. “Farmers receive just 15.9 cents from every dollar spent at the grocery store, but the costs associated with running their farms have only increased, contributing to the loss of more than 160,000 American farms in the last seven years.”

According to the press release, the 2025 marketbasket survey shows an increase in the cost of beef, potato salad, and canned pork and beans. However, there are drops in the cost of pork chops, chips, and hamburger buns.

The retail price for 2 pounds of ground beef increased 4.4% to $13.33, while pork and beans will cost $2.69. The press release states that the cost of pork and beans is up 20 cents from 2024, citing steel and aluminum tariffs as the cause for increased prices on canned goods. Potato salad is also up 6.6% to $3.54, due mostly to the cost of eggs.

The survey found a reduction in cost for six cookout staples, including a 3-pound package of pork chops, which is down 8.8% from last year, at $14.13.

“We can celebrate America’s independence every year in part because of the hard work of the farmers and ranchers who contribute to the nation’s food independence,” American Farm Bureau Federation President Zippy Duvall said in the press release. “Farmers are dedicated to doing the right thing, and their commitment to sustainable and innovative farming practices ensures a safe and abundant food supply for every family in America.”

According to the press release, the federal government’s broader Consumer Price Index report for food at home shows an overall increase of 2.2% compared to a year ago. Farm Bureau’s informal marketbasket survey examines only those foods commonly associated with summer cookouts.