Butter priced at $3.98 in 2019→$4.77 in 2026

Butter Inflation Calculator

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Prices for Butter, 2019-2026 ($3.98)

Butter prices are 19.88% higher in 2026 versus 2019 (a $0.79 difference in value).

The latest available average price is $4.02 in August 2026 for Butter, stick, per lb. (453.6 gm). See observed price history.

Between 2019 and 2026, Butter experienced an average inflation rate of 2.62% per year. This rate of change indicates significant inflation. In other words, butter costing $3.98 in the year 2019 would cost $4.77 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.79% during this same period, inflation for butter was lower.

In the year 2019: Pricing changed by 1.12%, which is below the average yearly change for butter during the 2019-2026 time period. Compared to inflation for all items in 2019 (1.81%), inflation for butter was 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%).

According to the U.S. Bureau of Labor Statistics, the average price of butter rose 1%, from $3.98 per pound in 2019 to $4.02 in August 2026. Overall prices rose 31% over the same period, so butter rose more slowly than inflation. This data is collected by a national survey and can vary from region to region.

● Price● Price, inflation-adjusted

Butter prices by year

The average price for butter is calculated from a weighted average of retailer data collected by the Bureau of Labor Statistics. The table below shows the average U.S. price of butter, stick, per lb. (453.6 gm) each year, along with the same price adjusted for inflation. To understand how price levels differ from inflation rates, see this article published by the BLS.

YearPrice (per pound)Price, inflation-adjusted
2026 (partial)$4.11$4.11
2025$4.76$4.95
2024$4.74$5.06
2023$4.56$5.01
2022$4.38$5.02
2021$3.58$4.43
2020$3.62$4.69
2019$3.98$5.22
2018$4.07$5.43

Yearly averages; 2026 is through August. Inflation-adjusted to 2026 dollars.


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Buying power of $3.98 since 2019

Below are calculations of equivalent buying power for Butter, over time, for $3.98 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2019$3.981.12%
2020$4.010.84%
2021$4.01-0.10%
2022$4.7919.42%
2023$4.943.11%
2024$5.113.57%
2025$5.11-0.06%
2026$4.77-6.64%*

* 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 2019* 2019 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Butter was 246.620 in the year 2019 and 295.640 in 2026:

295.640 / 246.620* $3.98 = $4.77

Therefore, according to U.S. Bureau of Labor Statistics, $3.98 in 2019 has the same "purchasing power" as $4.77 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.