How much did butter cost in 2018?
Butter averaged $4.07 per lb in 2018 — about $5.42 in 2026 dollars. Based on 9 months of data (partial year).
Monthly average price (USD per lb) · 2018
In 2018, butter averaged $4.07 per lb at the U.S. city average, across the 9 months the series reported that year, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $3.93 in December to $4.15 in April. Over the year it fell from $4.15 in April to $3.93 in December, a 5.3% decline.
Adjusted for inflation, $4.07 in 2018 is worth about $5.42 in 2026 dollars. Today butter averages $3.93 per lb, so in real terms it is 28% cheaper than it was in 2018. In plain (unadjusted) dollars the price is down 3% versus the 2018 average.
2018 monthly prices
| Month | Price | MoM |
|---|---|---|
| April | $4.15 | — |
| May | $4.11 | ▼ 1.0% |
| June | $4.06 | ▼ 1.2% |
| July | $4.11 | ▲ 1.1% |
| August | $4.09 | ▼ 0.6% |
| September | $4.12 | ▲ 0.8% |
| October | $4.11 | ▼ 0.2% |
| November | $3.95 | ▼ 3.8% |
| December | $3.93 | ▼ 0.6% |
| 2018 average | $4.07 |
FAQ
What was the average price of butter in 2018?
Butter averaged $4.07 per lb in 2018, based on 9 months of BLS average price data.
How much is $4.07 of 2018 butter worth today?
Adjusted for inflation with the CPI-U, $4.07 in 2018 is about $5.42 in 2026 dollars.
How does the 2018 price of butter compare to now?
Butter now averages $3.93 per lb, down 3% from the 2018 average of $4.07.