Dairy & eggs
Milk, low-fat, reduced-fat or skim, per gallon

The price of reduced-fat milk

A gallon of reduced-fat milk cost $2.66 in April 2018 and $3.59 in September 2026.

In Sep 2026 dollars it cost $3.58 in April 2018, about the same as now after inflation. The record is $3.89, in August 2022; the low was $2.57, in July 2018.

Apr 2018$2.66Sep 2026$3.59
$3.58

The Apr 2018 price in Sep 2026 dollars: what it cost then, in today’s money.

In one year
down 1.6%From $3.65 in Sep 2025
Since 2018
up 35.1%From $2.66 in Apr 2018
Record high
$3.89August 2022
Record low
$2.57July 2018

Reduced-fat milk, per gallon, every month since Apr 2018

Price at the timeIn Sep 2026 dollars
Milk, low-fat, reduced-fat or skim: monthly U.S. average price, Apr 2018 to Sep 2026Two lines. The solid line over the yellow area is the price at the time, from $2.66 in April 2018 to $3.59 in September 2026. The dashed blue line is the same price in Sep 2026 dollars, from $3.58 to $3.59. Record high $3.89 in August 2022.$0.00$1.00$2.00$3.00$4.00$5.0020202025$3.89, 2022$3.59Milk, low-fat, reduced-fat or skim: monthly U.S. average price, Apr 2018 to Sep 2026Two lines. The solid line over the yellow area is the price at the time, from $2.66 in April 2018 to $3.59 in September 2026. The dashed blue line is the same price in Sep 2026 dollars, from $3.58 to $3.59. Record high $3.89 in August 2022.$0.00$1.00$2.00$3.00$4.00$5.002020202220242026Record $3.89, 2022$3.59Milk, low-fat, reduced-fat or skim: monthly U.S. average price, Apr 2018 to Sep 2026Two lines. The solid line over the yellow area is the price at the time, from $2.66 in April 2018 to $3.59 in September 2026. The dashed blue line is the same price in Sep 2026 dollars, from $3.58 to $3.59. Record high $3.89 in August 2022.$0.00$1.00$2.00$3.00$4.00$5.0020192020202120222023202420252026Record $3.89, 2022$3.59

Solid line, yellow area: the average price in each month, in the dollars of that month. Dashed blue line: the same price restated in Sep 2026 dollars using the Consumer Price Index for all urban consumers (CPI-U). Where the dashed line falls, the item got cheaper compared with everything else. Months with no published price are left as gaps when they are long, and bridged when they are a single month. Hover, tap or use the arrow keys to read any month.

Source: U.S. Bureau of Labor Statistics, average price series APU0000FJ1101 (U.S. city average); CPI-U CUUR0000SA0.

A January in every decade

“Now vs then” is the plain change on the shelf. “After inflation” compares the old price in Sep 2026 dollars with today’s: negative means it takes less of today’s money than it did.

Milk, low-fat, reduced-fat or skim: January prices in past decades compared with September 2026
MonthPrice thenIn today’s $Now vs thenAfter inflation
Jan 2020$2.95$3.86up 21.6%down 6.9%

Year by year

Averages of the monthly prices in each calendar year, newest first. Years with fewer than nine published months are left out; partial years are marked.

Milk, low-fat, reduced-fat or skim: yearly average price
YearAveragevs year beforeLowest monthHighest month
20269 of 12 months$3.58down 2.5%$3.40 Mar$3.80 Jul
202511 of 12 months$3.67down 1.0%$3.37 Dec$3.85 Mar
2024$3.71up 0.3%$3.54 May$3.87 Dec
2023$3.70down 1.3%$3.60 Aug$3.82 Feb
2022$3.75up 19.4%$3.39 Jan$3.89 Aug
2021$3.14up 6.7%$2.97 Mar$3.36 Dec
2020$2.94up 8.1%$2.81 Jun$3.12 Dec
2019$2.72up 4.0%$2.63 Jan$2.87 Dec
20189 of 12 months$2.61—$2.57 Jul$2.66 Apr

About this number

  • What this number is. The average price BLS records for “Milk, fresh, low-fat, reduced fat, skim, per gal. (3.8 lit)” across U.S. cities, collected for the Consumer Price Index. It is an average across many stores and brands, not a price at any one store.
  • No price for October 2025. BLS did not publish one: data unavailable due to the 2025 lapse in appropriations.
  • Today’s dollars. Prices are restated in Sep 2026 dollars by multiplying by CPI-U for Sep 2026 (336.94) and dividing by CPI-U for the month in question.

Sources

Download CSV101 rows: month, price, and price in Sep 2026 dollars