THE GROCERY PRICE INDEX

How much did milk cost in 2000?

Milk averaged $2.78 per gal in 2000 — about $5.41 in 2026 dollars.

Monthly average price (USD per gal) · 2000

$2.74$2.76$2.78$2.80$2.81 $2.79 200020002000200020002000

In 2000, milk averaged $2.78 per gal 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 $2.75 in March to $2.81 in September. Over the year it was little changed from $2.79 in January to $2.79 in December.

Adjusted for inflation, $2.78 in 2000 is worth about $5.41 in 2026 dollars. Today milk averages $4.22 per gal, so in real terms it is 22% cheaper than it was in 2000. In plain (unadjusted) dollars the price is up 52% versus the 2000 average.

2000 monthly prices

MonthPriceMoM
January $2.79 ▼ 3.1%
February $2.78 ▼ 0.3%
March $2.75 ▼ 1.0%
April $2.77 ▲ 0.9%
May $2.78 ▲ 0.3%
June $2.76 ▼ 0.7%
July $2.78 ▲ 0.7%
August $2.81 ▲ 0.9%
September $2.81 ▲ 0.1%
October $2.81 ▼ 0.1%
November $2.75 ▼ 1.9%
December $2.79 ▲ 1.2%
2000 average$2.78

FAQ

What was the average price of milk in 2000?

Milk averaged $2.78 per gal in 2000, based on 12 months of BLS average price data.

How much is $2.78 of 2000 milk worth today?

Adjusted for inflation with the CPI-U, $2.78 in 2000 is about $5.41 in 2026 dollars.

How does the 2000 price of milk compare to now?

Milk now averages $4.22 per gal, up 52% from the 2000 average of $2.78.