THE GROCERY PRICE INDEX

How much did milk cost in 2019?

Milk averaged $3.04 per gal in 2019 — about $3.98 in 2026 dollars.

Monthly average price (USD per gal) · 2019

$2.88$2.96$3.04$3.13$3.21 $3.19 201920192019201920192019

In 2019, milk averaged $3.04 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 $2.90 in February to $3.19 in November. Over the year it rose from $2.91 in January to $3.19 in December, a 9.4% increase.

Adjusted for inflation, $3.04 in 2019 is worth about $3.98 in 2026 dollars. Today milk averages $4.22 per gal, so in real terms it is 6% more expensive than it was in 2019. In plain (unadjusted) dollars the price is up 39% versus the 2019 average.

2019 monthly prices

MonthPriceMoM
January $2.91 ▲ 2.1%
February $2.90 ▼ 0.5%
March $2.94 ▲ 1.5%
April $2.98 ▲ 1.2%
May $2.96 ▼ 0.6%
June $3.05 ▲ 3.1%
July $3.03 ▼ 0.8%
August $3.05 ▲ 0.5%
September $3.10 ▲ 1.9%
October $3.12 ▲ 0.6%
November $3.19 ▲ 2.2%
December $3.19 ▼ 0.0%
2019 average$3.04

FAQ

What was the average price of milk in 2019?

Milk averaged $3.04 per gal in 2019, based on 12 months of BLS average price data.

How much is $3.04 of 2019 milk worth today?

Adjusted for inflation with the CPI-U, $3.04 in 2019 is about $3.98 in 2026 dollars.

How does the 2019 price of milk compare to now?

Milk now averages $4.22 per gal, up 39% from the 2019 average of $3.04.