Thanksgiving is coming up fast — and that means people are going to be making room in their freezers for the star of the show: the turkey. 

This year, turkey comes in at about $2.08 per pound, according to a new study from the website FinanceBuzz, which compiled prices from multiple grocery stores throughout the United States. A 15-pound turkey – enough to serve 10 people – will set consumers back about $31. 

There is, however, something for which to already be thankful. The price of a turkey has gone down 12% since last Thanksgiving and is even a bit lower than the average price of a turkey in 2022, according to FinanceBuzz. 

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Like most goods, the price of a turkey varies from state to state – and even store to store. 

Here are the states where Thanksgiving dinner will cost the most and the least, based on the average price per pound for a 15-pound frozen turkey.

Thanksgiving food spread

Turkey costs, on average, $2.08 per pound, said the website FinanceBuzz. (iStock)

Most expensive states for turkey

1. Hawaii 

Residents of the Aloha State will be paying the most for their turkeys this year, reported FinanceBuzz. On average, a 15-pound turkey in Hawaii costs $52.85 – more than double the price of a turkey in the cheapest state. 

2. Alaska

Alaskans, too, can expect to shell out a pretty penny for their turkeys. In Alaska, the average price of a 15-pound turkey is $44.85. 

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3. California

California comes in at third place – first in the contiguous U.S. – with the average price of a 15-pound turkey at just under $40. 

A 15-pound turkey in the Golden State will set consumers back an average of $39.85.

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Hawaii, Alaska and California are the top three most expensive states to buy a Thanksgiving turkey, reported FinanceBuzz. (Adobe Stock)

Least expensive states for turkey

1. Oklahoma

The country's cheapest turkeys can be found in Oklahoma, where the average 15-pound turkey costs $19.75, said FinanceBuzz. That's about $1.32 per pound. 

2. Louisiana

Louisiana is the only other state where the average turkey costs less than $20, said FinanceBuzz. In Louisiana, turkeys cost, on average, just a nickel more than in Oklahoma — $19.80.

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3. Mississippi

Turkey in Mississippi is a little bit more expensive than in neighboring Louisiana, but it is still the third-cheapest in the country. 

In Mississippi, a person can expect to pay $22.30 for a 15-pound turkey, said FinanceBuzz.

‘Shop around early’

With Thanksgiving just a few weeks away, people can save considerably if they start thinking about their dinner now, Andrea Balitewicz told Fox News Digital. Balitewicz, based in Illinois, is a Butterball turkey talk-line supervisor.

"To make sure that you get the best price, we recommend shopping around early to get a good deal," she said. 

A turkey priced at $43.35 sits on a pile of other turkeys on Wednesday, Nov. 8, 2023, at Gray's Foods, 1630 N. Alpine Road, in Rockford, Illinois.

Turkey is often cheaper if it is purchased well before Thanksgiving, a Butterball turkey talk-line supervisor told Fox News Digital. (Kara Hawley/Rockford Register Star/USA TODAY NETWORK)

Another way to save is to "make the most of your leftovers" and use any turkey remnants in dishes for the days following the big meal, Balitewicz said.

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"Remember to put your turkey in the fridge no later than two hours after it's been carved and enjoy that turkey for up to four days," she said. 

Those looking to keep their turkey longer should "wrap leftovers in small portions and place them in resealable plastic freezer bags," she added.

Cooked turkey sitting on countertop.

Turkey can be enjoyed for up to four days after it's been carved, Balitewicz said. (Butterball)

Getting guests involved could be another way to save on Thanksgiving without compromising flavor or tradition.

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"Give them the opportunity to bring a side dish to help round out the meal. Encourage them to bring a copy of the recipe," Balitewicz said. 

"This is a fun way to share recipes with family and friends."