How much did butter cost in 2024?
Butter averaged $4.74 per lb in 2024 — about $5.06 in 2026 dollars.
Monthly average price (USD per lb) · 2024
In 2024, butter averaged $4.74 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 $4.48 in March to $5.00 in September. Over the year it rose from $4.66 in January to $4.73 in December, a 1.5% increase.
Adjusted for inflation, $4.74 in 2024 is worth about $5.06 in 2026 dollars. Today butter averages $3.93 per lb, so in real terms it is 22% cheaper than it was in 2024. In plain (unadjusted) dollars the price is down 17% versus the 2024 average.
2024 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $4.66 | ▲ 3.4% |
| February | $4.63 | ▼ 0.5% |
| March | $4.48 | ▼ 3.2% |
| April | $4.63 | ▲ 3.2% |
| May | $4.59 | ▼ 0.9% |
| June | $4.70 | ▲ 2.3% |
| July | $4.90 | ▲ 4.3% |
| August | $4.80 | ▼ 2.1% |
| September | $5.00 | ▲ 4.3% |
| October | $4.94 | ▼ 1.3% |
| November | $4.79 | ▼ 2.9% |
| December | $4.73 | ▼ 1.4% |
| 2024 average | $4.74 |
FAQ
What was the average price of butter in 2024?
Butter averaged $4.74 per lb in 2024, based on 12 months of BLS average price data.
How much is $4.74 of 2024 butter worth today?
Adjusted for inflation with the CPI-U, $4.74 in 2024 is about $5.06 in 2026 dollars.
How does the 2024 price of butter compare to now?
Butter now averages $3.93 per lb, down 17% from the 2024 average of $4.74.