A gallon of whole milk costs $4.15 in the U.S. as of September 2026. In 1950 it cost $0.83, or $11.55 in today’s dollars. Adjusted for inflation, a gallon of milk costs 64% less today than in 1950.
Price at the time In September 2026 dollars
U.S. whole milk, grocery store. ≈ marks estimates between data points.
| Year | Price | In today’s dollars |
|---|---|---|
| 1950 | $0.83 | $11.55 |
| 1951 | ≈$0.85 | ≈$10.91 |
| 1952 | ≈$0.86 | ≈$10.86 |
| 1953 | ≈$0.88 | ≈$10.98 |
| 1954 | ≈$0.89 | ≈$11.19 |
| 1955 | ≈$0.91 | ≈$11.40 |
| 1956 | ≈$0.93 | ≈$11.44 |
| 1957 | ≈$0.95 | ≈$11.28 |
| 1958 | ≈$0.96 | ≈$11.18 |
| 1959 | ≈$0.98 | ≈$11.27 |
| 1960 | $1.00 | $11.33 |
| 1961 | ≈$1.01 | ≈$11.37 |
| 1962 | ≈$1.03 | ≈$11.42 |
| 1963 | ≈$1.04 | ≈$11.43 |
| 1964 | ≈$1.06 | ≈$11.44 |
| 1965 | ≈$1.07 | ≈$11.41 |
| 1966 | ≈$1.09 | ≈$11.22 |
| 1967 | ≈$1.10 | ≈$11.07 |
| 1968 | ≈$1.12 | ≈$10.77 |
| 1969 | ≈$1.13 | ≈$10.36 |
| 1970 | $1.15 | $9.94 |
| 1971 | ≈$1.19 | ≈$9.84 |
| 1972 | ≈$1.23 | ≈$9.85 |
| 1973 | ≈$1.27 | ≈$9.59 |
| 1974 | ≈$1.31 | ≈$8.93 |
| 1975 | ≈$1.36 | ≈$8.45 |
| 1976 | ≈$1.40 | ≈$8.26 |
| 1977 | ≈$1.45 | ≈$8.02 |
| 1978 | ≈$1.50 | ≈$7.70 |
| 1979 | ≈$1.55 | ≈$7.15 |
| 1980 | $1.60 | $6.51 |
| 1981 | ≈$1.65 | ≈$6.08 |
| 1982 | ≈$1.70 | ≈$5.90 |
| 1983 | ≈$1.75 | ≈$5.89 |
| 1984 | ≈$1.80 | ≈$5.81 |
| 1985 | ≈$1.85 | ≈$5.78 |
| 1986 | ≈$1.91 | ≈$5.84 |
| 1987 | ≈$1.97 | ≈$5.81 |
| 1988 | ≈$2.03 | ≈$5.74 |
| 1989 | ≈$2.09 | ≈$5.64 |
| 1990 | $2.15 | $5.52 |
| 1991 | ≈$2.21 | ≈$5.43 |
| 1992 | ≈$2.27 | ≈$5.42 |
| 1993 | ≈$2.33 | ≈$5.40 |
| 1994 | ≈$2.39 | ≈$5.41 |
| 1995 | ≈$2.45 | ≈$5.40 |
| 1996 | ≈$2.52 | ≈$5.39 |
| 1997 | ≈$2.59 | ≈$5.40 |
| 1998 | ≈$2.66 | ≈$5.46 |
| 1999 | ≈$2.73 | ≈$5.49 |
| 2000 | $2.80 | $5.45 |
| 2001 | ≈$2.85 | ≈$5.39 |
| 2002 | ≈$2.89 | ≈$5.39 |
| 2003 | ≈$2.94 | ≈$5.36 |
| 2004 | ≈$2.99 | ≈$5.31 |
| 2005 | ≈$3.04 | ≈$5.22 |
| 2006 | ≈$3.09 | ≈$5.14 |
| 2007 | ≈$3.14 | ≈$5.08 |
| 2008 | ≈$3.19 | ≈$4.97 |
| 2009 | ≈$3.25 | ≈$5.07 |
| 2010 | $3.30 | $5.07 |
| 2011 | ≈$3.32 | ≈$4.95 |
| 2012 | ≈$3.34 | ≈$4.88 |
| 2013 | ≈$3.36 | ≈$4.83 |
| 2014 | ≈$3.38 | ≈$4.79 |
| 2015 | $3.40 | $4.81 |
| 2016 | ≈$3.32 | ≈$4.64 |
| 2017 | ≈$3.25 | ≈$4.44 |
| 2018 | ≈$3.17 | ≈$4.24 |
| 2019 | $3.10 | $4.07 |
| 2020 | $3.30 | $4.28 |
| 2021 | ≈$3.72 | ≈$4.58 |
| 2022 | $4.20 | $4.75 |
| 2023 | $3.90 | $4.28 |
| 2024 | $4.00 | $4.27 |
| 2025 | $4.10 | $4.26 |
| Sep 2026 (latest) | $4.15 | $4.15 |
Among the 2,314 U.S. places with at least 20,000 people, as of September 2026. Scaled by the Bureau of Economic Analysis regional price parities for the metro area, or the rural part of the state outside metros.
| Kiryas Joel, NY | $4.43 |
| Poughkeepsie, NY | $4.43 |
| Middletown, NY | $4.43 |
| Newburgh, NY | $4.43 |
| New York, NY | $4.41 |
| North Liberty, IA | $3.93 |
| Altoona, IA | $3.93 |
| Coralville, IA | $3.93 |
| Muscatine, IA | $3.93 |
| Burlington, IA | $3.93 |
BLS Average Price Data, series APU0000709112 (since 1995). Earlier years are estimates.
For cities: Scaled by the Bureau of Economic Analysis regional price parities for the metro area, or the rural part of the state outside metros.
Each year shows the U.S. figure at midyear. Years marked ≈ fall between this series’ data points and are estimated by smooth interpolation between them. Today’s dollars use the Consumer Price Index for All Urban Consumers (CPI-U). How it works.
Price of a dozen eggs by yearCost of Thanksgiving dinner by yearBig Mac price by yearPrice of sandwich groceries by year
What everything cost in 1950, 1960, 1970, 1980, 1990, 2000, 2010, 2020. All prices.