How much did milk cost in 2026?

In 2026, milk averaged $4.11 per gal at the U.S. city average, across the 5 months the series reported that year, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $4.03 in February to $4.22 in May. Over the year it rose from $4.10 in January to $4.22 in May, a 2.9% increase.

Adjusted for inflation, $4.11 in 2026 is worth about $4.17 in 2026 dollars. Today milk averages $4.22 per gal, so in real terms it is 1% more expensive than it was in 2026. In plain (unadjusted) dollars the price is up 3% versus the 2026 average.