How much did butter cost in 2020?
Butter averaged $3.62 per lb in 2020 — about $4.69 in 2026 dollars.
Monthly average price (USD per lb) · 2020
In 2020, butter averaged $3.62 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 $3.33 in November to $3.86 in January. Over the year it fell from $3.86 in January to $3.53 in December, a 8.6% decline.
Adjusted for inflation, $3.62 in 2020 is worth about $4.69 in 2026 dollars. Today butter averages $3.93 per lb, so in real terms it is 16% cheaper than it was in 2020. In plain (unadjusted) dollars the price is up 9% versus the 2020 average.
2020 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $3.86 | ▲ 6.6% |
| February | $3.76 | ▼ 2.6% |
| March | $3.86 | ▲ 2.5% |
| April | $3.73 | ▼ 3.4% |
| May | $3.54 | ▼ 5.1% |
| June | $3.49 | ▼ 1.2% |
| July | $3.57 | ▲ 2.3% |
| August | $3.62 | ▲ 1.4% |
| September | $3.57 | ▼ 1.5% |
| October | $3.59 | ▲ 0.5% |
| November | $3.33 | ▼ 7.3% |
| December | $3.53 | ▲ 6.3% |
| 2020 average | $3.62 |
FAQ
What was the average price of butter in 2020?
Butter averaged $3.62 per lb in 2020, based on 12 months of BLS average price data.
How much is $3.62 of 2020 butter worth today?
Adjusted for inflation with the CPI-U, $3.62 in 2020 is about $4.69 in 2026 dollars.
How does the 2020 price of butter compare to now?
Butter now averages $3.93 per lb, up 9% from the 2020 average of $3.62.