What Was The Average Cost Of Milk Over The Last 10 Years?

by | Last updated on January 24, 2024

, , , ,
Year Average Milk Price by Year* Average Annual CPI for Milk** 2015 $3.42 213.082 2016 $3.20 203.133 2017 $3.23 200.974 2018

$2.90


195.638

How much has the price of milk increased since 2009?

Prices for Milk, 2009-2021 ($5)

According to the U.S. Bureau of Labor Statistics, prices for milk were

17.84% higher in 2021

versus 2009 (a $0.89 difference in value). Between 2009 and 2021: Milk experienced an average inflation rate of 1.38% per year.

What was the price of milk in 2016?

The USDA Economic Research Service projects the 2016 national all- milk price at

$15.00-15.50 per cwt

. Exports have been a big factor affecting domestic milk prices.

What was the price of milk in 2000?

A B 2 Year Retail price 3 Dollars 4 2000

2.78
5 2001 2.88

What was the cost of milk in 2009?

The price of a gallon of milk is often included in statistics about the costs of living over certain years, and in November of 2009, the average price of a gallon of whole milk was

$3.03

, according to the U.S. Bureau of Labor Statistics. In November of 2019, that same gallon cost $3.18.

How much did a dozen eggs cost in 2020?

In 2020, the retail price for a dozen eggs in the United States was

1.48 U.S. dollars

.

How much did a dozen eggs cost in 1950?

1950:

60 cents

The price of eggs fell to 60 cents, or about $6.40 in today’s dollars, in 1950.

What was the price of milk in 2020?

How much is a gallon of milk? In 2020, the average retail price of whole fortified milk in the United States was

3.54 U.S. dollars

, which was an increase from the previous year.

How much did a cup of coffee cost in 2016?

Coffee Prices – Historical Annual Data Year Average Closing Price Annual % Change 2017 $1.3346 -7.92% 2016

$1.3683

8.17%
2015 $1.3315 -23.95%

What was the price of milk in 2021?

The 2021 all milk price forecast was lowered 55 cents from last month to

$18.30 per cwt

, nearly the same as the 2020 average of $18.24 per cwt. In the USDA’s look ahead to 2022, milk production was forecast at 231.6 billion pounds, up 500 million pounds from last month as cow numbers continue to grow.

How much was a loaf of bread in 2008?

In 2008, the price of bread had increased to

$1.37 per loaf

and wheat prices hit $8.89 per bushel. The value of wheat in that loaf of bread was now 12.2 cents, but the value of wheat as a percentage of the entire loaf went down to 9%.

How much did a dozen eggs cost in 2008?

Eggs priced at

$20

in 2008 → $19.58 in 2021.

How much was milk in 1976?

In 1976, a gallon of milk cost

$1.68

, eggs were 97 cents a dozen, and Eight O’Clock Coffee was $1.69 for a one-pound bag.

What was minimum wage in 2020?

State 2020 Minimum Wage 2021 Minimum Wage Georgia $5.15 (Employers subject to Fair Labor Standards Act must pay the

$7.25

Federal minimum wage.) $5.15 (Employers subject to the Fair Labor Standards Act must pay the $7.25 Federal minimum wage)
Hawaii $10.10 $10.10 Idaho $7.25 $7.25 Illinois $10.00 $11.00

What was the price of milk in 2008?

2008:

$1.56 commodity price

, $3.68 retail price

In 2008, we were heading into what would soon be known as the Great Recession. Milk was still expensive, but the price dropped to $1.56 per gallon on the commodity market and $3.68 in grocery stores.

How much did a Big Mac cost in 2000?

2000s:

$2.39

(That doesn’t necessarily mean it was cheaper than it was in 1998, though; the other figure was an average of prices from multiple cities, and it’s not clear what city that $2.39 is from.)

Sophia Kim
Author
Sophia Kim
Sophia Kim is a food writer with a passion for cooking and entertaining. She has worked in various restaurants and catering companies, and has written for several food publications. Sophia's expertise in cooking and entertaining will help you create memorable meals and events.