Super Bowl Party Hosts Take a Hit in the Wallet This Year
The average cost of hosting a Super Bowl party at home has increased by a small margin, despite the more expensive tickets for fans attending the big game in person. According to Wells Fargo's annual Super Bowl Food Report, the total bill for snacks and drinks will now cost around $140 per ten people, up just 1.6% from last year.
One reason behind this slight increase is the higher cost of shrimp, which has risen by a whopping 8.1%, averaging about $9.10 per pound. This comes after years of abundant supply led to lower prices for the seafood staple. Chicken wings, on the other hand, are down 2.7% year-over-year, with each pound costing around $3.47.
However, it's not all sunshine and rainbows when it comes to party snacks. Salsa has seen a significant increase of 1.7%, while onion-flavored dips have jumped by 1.5%. These price hikes are attributed to rising labor costs rather than increased ingredient prices.
While some party staples may be pricier this year, the cost savings from watching the Super Bowl at home will undoubtedly be substantial for many fans.
The average cost of hosting a Super Bowl party at home has increased by a small margin, despite the more expensive tickets for fans attending the big game in person. According to Wells Fargo's annual Super Bowl Food Report, the total bill for snacks and drinks will now cost around $140 per ten people, up just 1.6% from last year.
One reason behind this slight increase is the higher cost of shrimp, which has risen by a whopping 8.1%, averaging about $9.10 per pound. This comes after years of abundant supply led to lower prices for the seafood staple. Chicken wings, on the other hand, are down 2.7% year-over-year, with each pound costing around $3.47.
However, it's not all sunshine and rainbows when it comes to party snacks. Salsa has seen a significant increase of 1.7%, while onion-flavored dips have jumped by 1.5%. These price hikes are attributed to rising labor costs rather than increased ingredient prices.
While some party staples may be pricier this year, the cost savings from watching the Super Bowl at home will undoubtedly be substantial for many fans.