THE GROCERY PRICE INDEX

How much did milk cost in 2015?

Milk averaged $3.42 per gal in 2015 — about $4.84 in 2026 dollars.

Monthly average price (USD per gal) · 2015

$3.26$3.40$3.53$3.66$3.79 $3.31 201520152015201520152015

In 2015, milk averaged $3.42 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 $3.30 in November to $3.76 in January. Over the year it fell from $3.76 in January to $3.31 in December, a 11.9% decline.

Adjusted for inflation, $3.42 in 2015 is worth about $4.84 in 2026 dollars. Today milk averages $4.22 per gal, so in real terms it is 13% cheaper than it was in 2015. In plain (unadjusted) dollars the price is up 23% versus the 2015 average.

2015 monthly prices

MonthPriceMoM
January $3.76 ▼ 1.6%
February $3.50 ▼ 7.0%
March $3.46 ▼ 0.9%
April $3.40 ▼ 1.9%
May $3.39 ▼ 0.3%
June $3.37 ▼ 0.6%
July $3.43 ▲ 1.9%
August $3.39 ▼ 1.2%
September $3.39 ▲ 0.1%
October $3.34 ▼ 1.6%
November $3.30 ▼ 1.2%
December $3.31 ▲ 0.3%
2015 average$3.42

FAQ

What was the average price of milk in 2015?

Milk averaged $3.42 per gal in 2015, based on 12 months of BLS average price data.

How much is $3.42 of 2015 milk worth today?

Adjusted for inflation with the CPI-U, $3.42 in 2015 is about $4.84 in 2026 dollars.

How does the 2015 price of milk compare to now?

Milk now averages $4.22 per gal, up 23% from the 2015 average of $3.42.