THE GROCERY PRICE INDEX

How much did butter cost in 2021?

Butter averaged $3.58 per lb in 2021 — about $4.43 in 2026 dollars.

Monthly average price (USD per lb) · 2021

$3.46$3.51$3.57$3.62$3.68 $3.47 202120212021202120212021

In 2021, butter averaged $3.58 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 $3.47 in December to $3.66 in February. Over the year it fell from $3.64 in January to $3.47 in December, a 4.7% decline.

Adjusted for inflation, $3.58 in 2021 is worth about $4.43 in 2026 dollars. Today butter averages $3.93 per lb, so in real terms it is 11% cheaper than it was in 2021. In plain (unadjusted) dollars the price is up 10% versus the 2021 average.

2021 monthly prices

MonthPriceMoM
January $3.64 ▲ 3.1%
February $3.66 ▲ 0.5%
March $3.64 ▼ 0.5%
April $3.52 ▼ 3.4%
May $3.56 ▲ 1.1%
June $3.59 ▲ 0.7%
July $3.60 ▲ 0.4%
August $3.63 ▲ 1.0%
September $3.57 ▼ 1.8%
October $3.65 ▲ 2.4%
November $3.48 ▼ 4.8%
December $3.47 ▼ 0.1%
2021 average$3.58

FAQ

What was the average price of butter in 2021?

Butter averaged $3.58 per lb in 2021, based on 12 months of BLS average price data.

How much is $3.58 of 2021 butter worth today?

Adjusted for inflation with the CPI-U, $3.58 in 2021 is about $4.43 in 2026 dollars.

How does the 2021 price of butter compare to now?

Butter now averages $3.93 per lb, up 10% from the 2021 average of $3.58.