THE GROCERY PRICE INDEX

How much did milk cost in 2005?

Milk averaged $3.19 per gal in 2005 — about $5.47 in 2026 dollars.

Monthly average price (USD per gal) · 2005

$3.07$3.13$3.20$3.26$3.32 $3.24 200520052005200520052005

In 2005, milk averaged $3.19 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 $3.09 in July to $3.30 in January. Over the year it fell from $3.30 in January to $3.24 in December, a 1.9% decline.

Adjusted for inflation, $3.19 in 2005 is worth about $5.47 in 2026 dollars. Today milk averages $4.22 per gal, so in real terms it is 23% cheaper than it was in 2005. In plain (unadjusted) dollars the price is up 32% versus the 2005 average.

2005 monthly prices

MonthPriceMoM
January $3.30 ▲ 2.2%
February $3.18 ▼ 3.9%
March $3.23 ▲ 1.6%
April $3.23 ▼ 0.0%
May $3.21 ▼ 0.6%
June $3.12 ▼ 2.6%
July $3.09 ▼ 1.0%
August $3.14 ▲ 1.5%
September $3.13 ▼ 0.1%
October $3.17 ▲ 1.2%
November $3.21 ▲ 1.3%
December $3.24 ▲ 0.9%
2005 average$3.19

FAQ

What was the average price of milk in 2005?

Milk averaged $3.19 per gal in 2005, based on 12 months of BLS average price data.

How much is $3.19 of 2005 milk worth today?

Adjusted for inflation with the CPI-U, $3.19 in 2005 is about $5.47 in 2026 dollars.

How does the 2005 price of milk compare to now?

Milk now averages $4.22 per gal, up 32% from the 2005 average of $3.19.