THE GROCERY PRICE INDEX

How much did butter cost in 2019?

Butter averaged $3.98 per lb in 2019 — about $5.22 in 2026 dollars.

Monthly average price (USD per lb) · 2019

$3.57$3.76$3.94$4.13$4.31 $3.62 201920192019201920192019

In 2019, butter averaged $3.98 per lb at the U.S. city average, across all twelve months, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $3.62 in December to $4.26 in March. Over the year it fell from $4.06 in January to $3.62 in December, a 10.6% decline.

Adjusted for inflation, $3.98 in 2019 is worth about $5.22 in 2026 dollars. Today butter averages $3.93 per lb, so in real terms it is 25% cheaper than it was in 2019. In plain (unadjusted) dollars the price is down 1% versus the 2019 average.

2019 monthly prices

MonthPriceMoM
January $4.06 ▲ 3.1%
February $4.15 ▲ 2.4%
March $4.26 ▲ 2.6%
April $4.02 ▼ 5.7%
May $4.11 ▲ 2.3%
June $3.92 ▼ 4.6%
July $3.98 ▲ 1.4%
August $4.04 ▲ 1.5%
September $3.95 ▼ 2.0%
October $3.98 ▲ 0.6%
November $3.71 ▼ 6.7%
December $3.62 ▼ 2.4%
2019 average$3.98

FAQ

What was the average price of butter in 2019?

Butter averaged $3.98 per lb in 2019, based on 12 months of BLS average price data.

How much is $3.98 of 2019 butter worth today?

Adjusted for inflation with the CPI-U, $3.98 in 2019 is about $5.22 in 2026 dollars.

How does the 2019 price of butter compare to now?

Butter now averages $3.93 per lb, down 1% from the 2019 average of $3.98.