How much did milk cost in 2014?
Milk averaged $3.69 per gal in 2014 — about $5.22 in 2026 dollars.
Monthly average price (USD per gal) · 2014
In 2014, milk averaged $3.69 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 $3.55 in January to $3.86 in November. Over the year it rose from $3.55 in January to $3.82 in December, a 7.5% increase.
Adjusted for inflation, $3.69 in 2014 is worth about $5.22 in 2026 dollars. Today milk averages $4.22 per gal, so in real terms it is 19% cheaper than it was in 2014. In plain (unadjusted) dollars the price is up 14% versus the 2014 average.
2014 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $3.55 | ▲ 1.5% |
| February | $3.56 | ▲ 0.3% |
| March | $3.67 | ▲ 3.0% |
| April | $3.69 | ▲ 0.5% |
| May | $3.74 | ▲ 1.3% |
| June | $3.63 | ▼ 2.9% |
| July | $3.65 | ▲ 0.5% |
| August | $3.67 | ▲ 0.8% |
| September | $3.73 | ▲ 1.6% |
| October | $3.77 | ▲ 0.9% |
| November | $3.86 | ▲ 2.4% |
| December | $3.82 | ▼ 1.0% |
| 2014 average | $3.69 |
FAQ
What was the average price of milk in 2014?
Milk averaged $3.69 per gal in 2014, based on 12 months of BLS average price data.
How much is $3.69 of 2014 milk worth today?
Adjusted for inflation with the CPI-U, $3.69 in 2014 is about $5.22 in 2026 dollars.
How does the 2014 price of milk compare to now?
Milk now averages $4.22 per gal, up 14% from the 2014 average of $3.69.