Fresh whole milk priced at $20 in 2014 $22.40 in 2025

Fresh Whole Milk Inflation Calculator

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Prices for Fresh Whole Milk, 2014-2025 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh whole milk are 12% higher in 2025 versus 2014 (a $2.40 difference in value).

Between 2014 and 2025: Fresh whole milk experienced an average inflation rate of 1.04% per year. In other words, fresh whole milk costing $20 in the year 2014 would cost $22.40 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for fresh whole milk was lower.

In the year 2014: Pricing changed by 6.08%, which is significantly above the average yearly change for fresh whole milk during the 2014-2025 time period. Compared to inflation for all items in 2014 (1.62%), 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%).

View price changes for other categories
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Buying power of $20.00 since 2014

Below are calculations of equivalent buying power for Fresh whole milk, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2014$20.006.08%
2015$18.71-6.44%
2016$17.84-4.67%
2017$17.65-1.06%
2018$17.18-2.65%
2019$17.612.48%
2020$18.676.05%
2021$19.625.06%
2022$22.3513.94%
2023$22.18-0.75%
2024$22.16-0.11%
2025$22.401.09%*

* 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:

Year193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI18.53819.11520.84622.51523.85424.16924.20027.80031.10834.66233.16932.23835.76237.52337.09236.33136.37737.46938.79239.51539.90040.84640.99240.80040.58540.72340.51543.10844.82346.71548.00850.03851.41552.15457.08568.39268.48572.06972.80077.01585.85493.48598.76999.30099.969100.723102.300101.708103.638106.038114.269126.669122.392126.431127.892131.162131.115141.092142.877147.923156.223156.923165.869162.115162.477183.362184.923181.585205.397217.220183.170191.173209.530211.266214.683227.740213.082203.133200.974195.638200.491212.621223.383254.519252.607252.324255.064

Adjust fresh whole milk prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 2014 * 2014 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Fresh whole milk was 227.740 in the year 2014 and 255.064 in 2025:

255.064 / 227.740 * $20 = $22.40

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $22.40 in 2025 (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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