GROCERY BASKET PRICE INDEX
Latest data: June 2026 Released: July 14, 2026 Next update: August 12, 2026

Milk, whole, fortified

Current U.S. milk price per gallon

U.S. city average · June 2026

$4.32 per gallon
▲ 2.4% MoM ▲ 7.2% YoY

A gallon of whole milk cost an average of $4.32 in June 2026, up 2.4% from last month and up 7.2% from last year, according to U.S. Bureau of Labor Statistics average price data.

Illustration of milk, whole, fortified
Milk price history Average price (USD per gallon) · Monthly
$2.00$2.50$3.00$3.50$4.00$4.501995200020052010201620212026Jul 1995$2.48Jun 2026$4.32basketreport.com

Chart shown: July 1995 – June 2026 · Full series: July 1995 – June 2026 (371 observations) · Source: BLS series APU0000709112.

Quick take

Milk prices rose 2.4% from May to June 2026 and are 7.2% higher than a year ago. Prices remain at the June 2026 high and well above the 1995 level of $2.48.

Why is milk so expensive? →

Milk price history by year

Every historical year is consolidated into one complete archive with annual averages, monthly prices, and inflation-adjusted values.

Browse the complete milk price history →

Explore this price

From milk to the full grocery basket

Milk added $0.20 to June’s basket change.

What drives the price of milk

Retail milk prices track the farm price of raw milk, which depends on the size of the dairy herd, how much each cow produces, and feed costs. Because milk is produced continuously and is highly perishable, prices can shift as supply and demand move through the year. Federal milk marketing orders and dairy programs also shape what farmers are paid, which feeds through to the carton.

BLS series APU0000709112 tracks the average retail price of milk, whole, fortified at the U.S. city average, measured per gallon and reported monthly back to 1995.

Background: U.S. Department of Agriculture, Economic Research Service — Dairy. Price data: BLS series APU0000709112.

Milk price FAQ

How much does a gallon of milk cost right now?

As of June 2026, milk averaged $4.32 per gallon at the national U.S. city average, per BLS CPI Average Price Data.

Are milk prices going down in 2026?

The latest 2026 BLS reading shows milk prices up 2.4% versus the prior month and up 7.2% versus a year ago (June 2026).

What is the highest price milk has reached?

The record high is $4.32 per gallon, set in June 2026; the record low is $2.46 in September 1995.

How much is a pint of milk?

A gallon holds 8 pints, so at $4.32 per gallon a pint is about $0.54, a quart about $1.08 and a half-gallon about $2.16.

Where does this milk price data come from?

From the U.S. Bureau of Labor Statistics CPI Average Price Data program, retrieved via the BLS Public Data API. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.

How much did milk cost in 2001?

In 2001, milk averaged $2.85 per gallon at the U.S. city average — versus $4.32 today (June 2026), about 51% higher now.

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// Source: Basket Report · BLS APU0000709112

Cite this

Plain text
Basket Report. "Average milk price (U.S. city average)." Basket Report — Grocery Price Index. Retrieved August 1, 2026 from https://basketreport.com/prices/milk/. Data: U.S. Bureau of Labor Statistics, series APU0000709112.
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<a href="https://basketreport.com/prices/milk/">Average milk price (U.S. city average) — Basket Report</a> (data: U.S. Bureau of Labor Statistics, series APU0000709112; retrieved August 1, 2026)
APA
Basket Report. (2026). Average milk price (U.S. city average) [Data set]. Basket Report — Grocery Price Index. https://basketreport.com/prices/milk/