Butter prices are 3.36% lower in 2026 versus 2023 (a $0.15 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 2023 and 2026, Butter experienced an average inflation rate of -1.13% per year. In other words, butter costing $4.56 in the year 2023 would cost $4.41 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.87% during this same period, inflation for butter was significantly lower.
In the year 2023: Pricing changed by 3.11%, which is significantly above the average yearly change for butter during the 2023-2026 time period. Compared to inflation for all items in 2023 (4.12%), inflation for butter was lower.
According to the U.S. Bureau of Labor Statistics, the average price of butter fell 12%, from $4.56 per pound in 2023 to $4.02 in August 2026. Overall prices rose 10% over the same period, so butter got cheaper while most prices went up. This data is collected by a national survey and can vary from region to region.
● Price● Price, inflation-adjusted
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.
| Year | Price (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.
Below are calculations of equivalent buying power for Butter, over time, for $4.56 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2023 | $4.56 | 3.11% |
| 2024 | $4.72 | 3.57% |
| 2025 | $4.72 | -0.06% |
| 2026 | $4.41 | -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:
| Year | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 14.508 | 16.142 | 18.467 | 21.275 | 23.433 | 22.267 | 22.550 | 31.808 | 36.083 | 38.892 | 32.508 | 32.683 | 36.692 | 38.342 | 35.600 | 32.617 | 31.975 | 32.708 | 33.692 | 33.667 | 34.158 | 34.000 | 34.725 | 34.217 | 34.158 | 34.500 | 35.058 | 38.142 | 39.192 | 39.500 | 40.000 | 40.950 | 41.458 | 41.275 | 43.392 | 44.750 | 48.692 | 60.008 | 63.425 | 70.317 | 79.558 | 89.400 | 96.233 | 98.417 | 99.567 | 101.992 | 103.092 | 103.400 | 105.250 | 104.933 | 104.958 | 98.475 | 95.808 | 92.408 | 86.767 | 82.883 | 85.683 | 107.600 | 114.750 | 150.450 | 145.750 | 135.858 | 171.617 | 155.950 | 144.875 | 187.117 | 184.592 | 171.158 | 170.683 | 178.169 | 165.401 | 182.593 | 210.795 | 196.102 | 198.410 | 227.375 | 232.833 | 234.484 | 240.409 | 243.881 | 246.620 | 248.691 | 248.454 | 296.713 | 305.928 | 316.844 | 316.657 | 295.640 |