Milk Prices (latest: September 2026, BLS): $4.11/gallon, -0.6% vs a year ago

US average price for a gallon of whole milk: $4.11/gallon for September 2026 (BLS, the public shelf-price survey behind the official CPI, published monthly with the CPI), -0.6% vs a year ago. The freshest public line is Nowflation's index of USDA-reported advertised prices for dairy and related products (the whole category, not milk alone): 144.2 for September 2026, a monthly index built from USDA's weekly grocery feature reports (+2.9% against the same weeks last year). Next BLS update: November 10, 2026, with the October 2026 CPI.

What is driving milk prices

Retail milk prices fell 0.6% over the past year to $4.11/gallon (September 2026), and the price is +15% versus five years ago, and 5% below the record high of $4.32/gallon set in June 2026. Upstream, the price dairy farmers receive for milk is -5.3% year over year ($19.80/cwt, August 2026) — when the farm-gate or futures price moves, the shelf follows with a lag of weeks to months, and the spread between them is the middle of the supply chain. The freshest read, Nowflation's index of USDA-reported advertised prices for dairy and related products (the whole category, not milk alone), fell 2.4% from August 2026 to September 2026 and sits +2.9% against the same weeks last year.

By region

RegionPriceAs ofYoY
South$3.90/gallonSeptember 2026-6.8%
West$4.62/gallonSeptember 2026+13.6%

This page charts the full history of the BLS price back to 2007; the regional averages the BLS publishes (South and West); Nowflation's index of USDA-reported advertised prices for dairy and related products (the whole category, not milk alone); and upstream, the price dairy farmers receive for milk and the Class III milk futures price. The Build-Your-Cart tool combines these staples into your personal basket, the farm-to-shelf page shows where the retail dollar goes, and the full price history is downloadable as JSON and CSV from the series page.

Questions this page answers

What is the price of a gallon of whole milk today?

The US city average is $4.11/gallon for September 2026, from the BLS Average Price survey — the shelf prices behind the CPI — -0.6% from a year earlier. The fresher line is Nowflation's index of USDA-reported advertised prices for dairy and related products (the whole category, not milk alone): 144.2 for September 2026, a monthly index built from USDA's weekly grocery feature reports (+2.9% against the same weeks last year). The BLS figure is monthly, so "today" on this page means the latest published month, not this morning.

Why are milk prices down?

Retail milk prices fell 0.6% over the past year to $4.11/gallon (September 2026), and the price is +15% versus five years ago, and 5% below the record high of $4.32/gallon set in June 2026. Upstream, the price dairy farmers receive for milk is -5.3% year over year ($19.80/cwt, August 2026) — when the farm-gate or futures price moves, the shelf follows with a lag of weeks to months, and the spread between them is the middle of the supply chain. The freshest read, Nowflation's index of USDA-reported advertised prices for dairy and related products (the whole category, not milk alone), fell 2.4% from August 2026 to September 2026 and sits +2.9% against the same weeks last year.

When is the next update?

BLS average prices for October 2026 publish with the CPI on November 10, 2026 at 8:30 AM Eastern. The advertised-price index adds a month once the month has ended and USDA's weekly feature reports for it are in; this page republishes every morning with whatever is newest.

Where does the data come from?

BLS; USDA NASS for the price dairy farmers receive for milk; USDA AMS weekly grocery feature reports (MyMarketNews), from which Nowflation builds the advertised-price index. Every series is charted with its full history on this page and listed with its source in the open data directory; the public-data series also download there.