If you're gearing up for Thanksgiving already you are not alone, some people start preparing as soon as November 1st hits! According to a new survey, Americans will spend $2.98 billions dollars on the Thanksgiving holiday between food and travel.

When you break it down, the average American will spend about $165.14, with $67.59 going towards travel expenses and $97.55 going towards other expenses. Over 52 millions turkeys are expected to be consumed...and that is a lot of turkey.

Some people might think that number is low for a Thanksgiving meal, but it is just the average. How much do you typical spend on the holiday? Do you split the cost and ask people to bring stuff or do you like to host the whole things?