Fresh whole milk priced at$20 in 1951$141 in 2026

Fresh Whole Milk Inflation Calculator

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Prices for Fresh Whole Milk, 1951-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh whole milk are 604.99% higher in 2026 versus 1951 (a $121 difference in value).

Between 1951 and 2026:Fresh whole milk experienced an average inflation rate of 2.64% per year. This rate of change indicates significant inflation. In other words, fresh whole milk costing $20 in the year 1951 would cost $141 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.42% during this same period, inflation for fresh whole milk was lower.

In the year 1951: Pricing changed by 10.93%, which is significantly above the average yearly change for fresh whole milk during the 1951-2026 time period. Compared to inflation for all items in 1951 (7.86%), inflation for fresh whole milk was much higher.

Price Inflation for Fresh whole milk since 1939

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1974 (19.81%), 2009 (-15.68%), and 1946 (14.88%).

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Buying power of $20.00 since 1951

Below are calculations of equivalent buying power for Fresh whole milk, over time, for $20 beginning in 1951. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1951$20.0010.93%
1952$20.984.92%
1953$20.74-1.15%
1954$20.32-2.04%
1955$20.340.11%
1956$20.953.00%
1957$21.693.54%
1958$22.101.87%
1959$22.310.97%
1960$22.842.36%
1961$22.920.37%
1962$22.81-0.47%
1963$22.69-0.53%
1964$22.770.35%
1965$22.66-0.51%
1966$24.116.40%
1967$25.073.98%
1968$26.124.22%
1969$26.852.76%
1970$27.984.24%
1971$28.752.75%
1972$29.161.43%
1973$31.929.46%
1974$38.2419.81%
1975$38.290.13%
1976$40.305.23%
1977$40.711.02%
1978$43.075.79%
1979$48.0111.47%
1980$52.278.89%
1981$55.235.65%
1982$55.530.54%
1983$55.900.67%
1984$56.320.76%
1985$57.201.56%
1986$56.87-0.58%
1987$57.951.90%
1988$59.302.32%
1989$63.907.76%
1990$70.8310.85%
1991$68.44-3.37%
1992$70.703.30%
1993$71.511.15%
1994$73.342.55%
1995$73.32-0.03%
1996$78.907.61%
1997$79.891.26%
1998$82.723.53%
1999$87.365.61%
2000$87.750.45%
2001$92.755.70%
2002$90.65-2.26%
2003$90.850.22%
2004$102.5312.85%
2005$103.410.85%
2006$101.54-1.81%
2007$114.8513.11%
2008$121.475.76%
2009$102.42-15.68%
2010$106.904.37%
2011$117.169.60%
2012$118.140.83%
2013$120.051.62%
2014$127.356.08%
2015$119.15-6.44%
2016$113.59-4.67%
2017$112.38-1.06%
2018$109.40-2.65%
2019$112.112.48%
2020$118.896.05%
2021$124.915.06%
2022$142.3213.94%
2023$141.25-0.75%
2024$141.09-0.11%
2025$142.240.81%
2026$141.00-0.87%*

* 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 Fresh whole milk:

Year1939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI18.54219.11720.84222.51723.85024.16724.20027.80031.10834.66733.16732.24235.76737.52537.09236.33336.37537.46738.79239.51739.90040.84240.99240.80040.58340.72540.51743.10844.82546.71748.00850.04251.41752.15057.08368.39268.48372.06772.80077.01785.85093.48398.76799.30099.967100.725102.300101.708103.642106.042114.267126.667122.392126.433127.892131.158131.117141.092142.875147.925156.225156.925165.867162.117162.475183.358184.925181.583205.397217.220183.169191.173209.530211.266214.683227.740213.082203.133200.974195.638200.491212.621223.383254.519252.607252.324254.376252.152

Adjust fresh whole milk prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1951* 1951 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Fresh whole milk was 35.767 in the year 1951 and 252.152 in 2026:

252.152 / 35.767* $20 = $141

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1951 has the same "purchasing power" as $141 in 2026 (in the CPI category of Fresh whole milk).


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

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