Butter priced at $4.02 in 1991→$12.40 in 2026

Butter Inflation Calculator

Enter a starting cost to estimate an equivalent purchase using the category CPI. This is a hypothetical calculation, not an observed retail price.

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Prices for Butter, 1991-2026 ($4.02)

According to the U.S. Bureau of Labor Statistics, prices for butter are 208.57% higher in 2026 versus 1991 (a $8.38 difference in value).

The latest available average price is $4.021 in August 2026 for Butter, stick, per lb. (453.6 gm). See observed price history.

The dollar amounts in this section illustrate the category CPI calculation; they are not a series of observed prices.

Between 1991 and 2026:Butter experienced an average inflation rate of 3.27% per year. This rate of change indicates significant inflation. In other words, butter costing $4.02 in the year 1991 would cost $12.40 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation for butter was higher.

In the year 1991: Pricing changed by -2.71%, which is significantly below the average yearly change for butter during the 1991-2026 time period. Compared to inflation for all items in 1991 (4.23%), inflation for butter was much lower.

Price Inflation for Butter since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1946 (41.06%), 1998 (31.11%), and 2004 (29.16%).

Butter price history

Butter, stick, per lb. (453.6 gm). U.S. city average. Source: Bureau of Labor Statistics average prices, through August 2026.

These observed prices cover the specific product and unit above, which may be narrower than the butter CPI category. Local prices vary.

● Average price paid● In 2026 dollars

Annual averages use the available monthly observations; 2026 is a partial year through August 2026. The latest monthly price above may differ from the annual average. Gaps are left blank.

Annual average prices for Butter, stick, per lb. (453.6 gm)
YearAverage price paidIn 2026 dollars
2026 (partial)$4.107$4.107
2025$4.757$4.946
2024$4.737$5.062
2023$4.56$5.014
2022$4.384$5.018
2021$3.585$4.432
2020$3.62$4.686
2019$3.984$5.22
2018$4.071$5.428

What did butter cost in earlier years?

How are prices adjusted for inflation?

Price in 2026 dollars = observed annual price × (2026 all-items CPI ÷ that year's all-items CPI). This measures overall purchasing power using the U.S. inflation index; the latest CPI year may be incomplete.

Average prices describe price levels. Changes in the products and stores sampled can affect these averages; category CPI controls for such changes and can follow a different path. Read the BLS explanation of average prices versus indexes.


View price changes for other categories
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Buying power of $4.02 since 1991

Below are calculations of equivalent buying power for Butter, over time, for $4.02 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$4.02-2.71%
1992$3.88-3.55%
1993$3.64-6.11%
1994$3.48-4.48%
1995$3.603.38%
1996$4.5125.58%
1997$4.816.64%
1998$6.3131.11%
1999$6.12-3.12%
2000$5.70-6.79%
2001$7.2026.32%
2002$6.54-9.13%
2003$6.08-7.10%
2004$7.8529.16%
2005$7.75-1.35%
2006$7.18-7.28%
2007$7.16-0.28%
2008$7.484.39%
2009$6.94-7.17%
2010$7.6610.39%
2011$8.8415.45%
2012$8.23-6.97%
2013$8.331.18%
2014$9.5414.60%
2015$9.772.40%
2016$9.840.71%
2017$10.092.53%
2018$10.231.44%
2019$10.351.12%
2020$10.430.84%
2021$10.42-0.10%
2022$12.4519.42%
2023$12.843.11%
2024$13.293.57%
2025$13.29-0.06%
2026$12.40-6.64%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Butter:

Year1939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI14.50816.14218.46721.27523.43322.26722.55031.80836.08338.89232.50832.68336.69238.34235.60032.61731.97532.70833.69233.66734.15834.00034.72534.21734.15834.50035.05838.14239.19239.50040.00040.95041.45841.27543.39244.75048.69260.00863.42570.31779.55889.40096.23398.41799.567101.992103.092103.400105.250104.933104.95898.47595.80892.40886.76782.88385.683107.600114.750150.450145.750135.858171.617155.950144.875187.117184.592171.158170.683178.169165.401182.593210.795196.102198.410227.375232.833234.484240.409243.881246.620248.691248.454296.713305.928316.844316.657295.640

Adjust butter prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1991* 1991 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Butter was 95.808 in the year 1991 and 295.640 in 2026:

295.640 / 95.808* $4.02 = $12.40

Therefore, according to U.S. Bureau of Labor Statistics, $4.02 in 1991 has the same "purchasing power" as $12.40 in 2026 (in the CPI category of Butter).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Butter in 1939. In addition to butter, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.