How much did milk cost in 1995?
Milk averaged $2.48 per gal in 1995 — about $5.42 in 2026 dollars. Based on 6 months of data (partial year).
Monthly average price (USD per gal) · 1995
In 1995, milk averaged $2.48 per gal at the U.S. city average, across the 6 months the series reported that year, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $2.46 in September to $2.52 in December. Over the year it rose from $2.48 in July to $2.52 in December, a 1.7% increase.
Adjusted for inflation, $2.48 in 1995 is worth about $5.42 in 2026 dollars. Today milk averages $4.22 per gal, so in real terms it is 22% cheaper than it was in 1995. In plain (unadjusted) dollars the price is up 70% versus the 1995 average.
1995 monthly prices
| Month | Price | MoM |
|---|---|---|
| July | $2.48 | — |
| August | $2.48 | ▲ 0.2% |
| September | $2.46 | ▼ 0.9% |
| October | $2.47 | ▲ 0.6% |
| November | $2.49 | ▲ 0.8% |
| December | $2.52 | ▲ 1.0% |
| 1995 average | $2.48 |
FAQ
What was the average price of milk in 1995?
Milk averaged $2.48 per gal in 1995, based on 6 months of BLS average price data.
How much is $2.48 of 1995 milk worth today?
Adjusted for inflation with the CPI-U, $2.48 in 1995 is about $5.42 in 2026 dollars.
How does the 1995 price of milk compare to now?
Milk now averages $4.22 per gal, up 70% from the 1995 average of $2.48.