Butter price history by year

In 2026, butter averaged $4.12 per pound at the U.S. city average, across the 7 months the series reported that year, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $3.82 in June to $4.38 in January. Over the year it fell from $4.38 in January to $3.92 in July, a 10.5% decline.

Adjusted for inflation, $4.12 in 2026 is worth about $4.15 in 2026 dollars. Today butter averages $3.92 per pound, so in real terms it is 5% cheaper than it was in 2026. In plain (unadjusted) dollars the price is down 5% versus the 2026 average.

In 2025, butter averaged $4.76 per pound at the U.S. city average, across the 11 months the series reported that year, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $4.31 in November to $4.95 in May. Over the year it fell from $4.91 in January to $4.41 in December, a 10.3% decline.

Adjusted for inflation, $4.76 in 2025 is worth about $4.94 in 2026 dollars. Today butter averages $3.92 per pound, so in real terms it is 21% cheaper than it was in 2025. In plain (unadjusted) dollars the price is down 18% versus the 2025 average.

In 2024, butter averaged $4.74 per pound 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 $4.48 in March to $5.00 in September. Over the year it rose from $4.66 in January to $4.73 in December, a 1.5% increase.

Adjusted for inflation, $4.74 in 2024 is worth about $5.05 in 2026 dollars. Today butter averages $3.92 per pound, so in real terms it is 22% cheaper than it was in 2024. In plain (unadjusted) dollars the price is down 17% versus the 2024 average.

In 2023, butter averaged $4.56 per pound 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 $4.41 in September to $4.88 in January. Over the year it fell from $4.88 in January to $4.51 in December, a 7.7% decline.

Adjusted for inflation, $4.56 in 2023 is worth about $5.00 in 2026 dollars. Today butter averages $3.92 per pound, so in real terms it is 22% cheaper than it was in 2023. In plain (unadjusted) dollars the price is down 14% versus the 2023 average.

In 2022, butter averaged $4.38 per pound 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 $3.67 in January to $4.85 in October. Over the year it rose from $3.67 in January to $4.81 in December, a 31.0% increase.

Adjusted for inflation, $4.38 in 2022 is worth about $5.00 in 2026 dollars. Today butter averages $3.92 per pound, so in real terms it is 22% cheaper than it was in 2022. In plain (unadjusted) dollars the price is down 10% versus the 2022 average.

In 2021, butter averaged $3.58 per pound 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 $3.47 in December to $3.66 in February. Over the year it fell from $3.64 in January to $3.47 in December, a 4.7% decline.

Adjusted for inflation, $3.58 in 2021 is worth about $4.41 in 2026 dollars. Today butter averages $3.92 per pound, so in real terms it is 11% cheaper than it was in 2021. In plain (unadjusted) dollars the price is up 10% versus the 2021 average.

In 2020, butter averaged $3.62 per pound 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 $3.33 in November to $3.86 in January. Over the year it fell from $3.86 in January to $3.53 in December, a 8.6% decline.

Adjusted for inflation, $3.62 in 2020 is worth about $4.67 in 2026 dollars. Today butter averages $3.92 per pound, so in real terms it is 16% cheaper than it was in 2020. In plain (unadjusted) dollars the price is up 8% versus the 2020 average.

In 2019, butter averaged $3.98 per pound 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 $3.62 in December to $4.26 in March. Over the year it fell from $4.06 in January to $3.62 in December, a 10.6% decline.

Adjusted for inflation, $3.98 in 2019 is worth about $5.20 in 2026 dollars. Today butter averages $3.92 per pound, so in real terms it is 25% cheaper than it was in 2019. In plain (unadjusted) dollars the price is down 1% versus the 2019 average.

In 2018, butter averaged $4.07 per pound at the U.S. city average, across the 9 months the series reported that year, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $3.93 in December to $4.15 in April. Over the year it fell from $4.15 in April to $3.93 in December, a 5.3% decline.

Adjusted for inflation, $4.07 in 2018 is worth about $5.40 in 2026 dollars. Today butter averages $3.92 per pound, so in real terms it is 27% cheaper than it was in 2018. In plain (unadjusted) dollars the price is down 4% versus the 2018 average.