How much did butter cost in 2022?
Butter averaged $4.38 per lb in 2022 — about $5.02 in 2026 dollars.
Monthly average price (USD per lb) · 2022
In 2022, butter averaged $4.38 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 $3.67 in January to $4.85 in October. Over the year it rose from $3.67 in January to $4.81 in December, a 31.0% increase.
Adjusted for inflation, $4.38 in 2022 is worth about $5.02 in 2026 dollars. Today butter averages $3.93 per lb, so in real terms it is 22% cheaper than it was in 2022. In plain (unadjusted) dollars the price is down 10% versus the 2022 average.
2022 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $3.67 | ▲ 5.7% |
| February | $3.77 | ▲ 2.8% |
| March | $4.08 | ▲ 8.0% |
| April | $4.15 | ▲ 1.8% |
| May | $4.29 | ▲ 3.3% |
| June | $4.39 | ▲ 2.4% |
| July | $4.55 | ▲ 3.8% |
| August | $4.70 | ▲ 3.2% |
| September | $4.72 | ▲ 0.4% |
| October | $4.85 | ▲ 2.7% |
| November | $4.64 | ▼ 4.3% |
| December | $4.81 | ▲ 3.7% |
| 2022 average | $4.38 |
FAQ
What was the average price of butter in 2022?
Butter averaged $4.38 per lb in 2022, based on 12 months of BLS average price data.
How much is $4.38 of 2022 butter worth today?
Adjusted for inflation with the CPI-U, $4.38 in 2022 is about $5.02 in 2026 dollars.
How does the 2022 price of butter compare to now?
Butter now averages $3.93 per lb, down 10% from the 2022 average of $4.38.