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What was the price of a gallon of milk in 2004?

What was the price of a gallon of milk in 2004?

With the increase in milk and butterfat, retailers increased the price of their whole milk to an average of \$3.73 in May 2004. The retail margins, as compared to those in June of 2003, actually went down about six cents per gallon on whole milk. Keeping this in consideration, how much was a gallon of milk in 2019?

What was the price of milk in 1997?

Milk Prices By Year And Adjusted For Inflation Year Average Milk Price by Year* Average Annual CPI for Milk** Milk Prices Adjusted for Inflation In 20 1995 \$2.48 131.100 \$4.03 1996 \$2.62 141.100 \$3.95 1997 \$2.61 142.900 \$3.89 1998 \$2.70 147.900 \$3.89

What was the price of milk in 1930?

Here’s a snapshot of what milk cost from 1930 to today: In the Roaring ’20s, milk was 35¢ or so per gallon. But when the Great Depression hit in 1929, fewer people could afford milk and dairy farmers still had a lot of milk to sell. The price dropped from 35¢ per gallon to 26¢ per gallon.

How much does a gallon of milk cost in Michigan?

How We Determined This — And What It Means State Cost Massachusetts \$2.19 Michigan \$1.89 Minnesota \$2.79 Mississippi \$3.59

What’s the average price of a gallon of milk?

The average price in the U.S. of a gallon of milk was \$3.37 in February 2021 compared to \$3.47 in January, according to data published March 10 by the U.S. Labor Department’s Bureau of Labor Statistics ( BLS ).

What was the price of milk in 2002?

Milk Prices By Year And Adjusted For Inflation Year Average Milk Price by Year* Average Annual CPI for Milk** Milk Prices Adjusted for Inflation In 20 2002 \$2.76 162.100 \$3.62 2003 \$2.76 162.500 \$3.61 2004 \$3.16 183.400 \$3.66 2005 \$3.19 184.900 \$3.66

What does the milk price index tell us?

In addition to milk, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services. » Read more about inflation and investment.