According to the U.S. Bureau of Labor Statistics, prices for fresh milk other than whole were 5.16% lower in 2018 versus 2011 (a $1.03 difference in value).
Between 2011 and 2018: Fresh milk other than whole experienced an average inflation rate of -0.75% per year. In other words, fresh milk other than whole costing $20 in the year 2011 would cost $18.97 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.58% during this same period, inflation for fresh milk other than whole was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh milk other than whole:
Below are calculations of equivalent buying power for Fresh milk other than whole, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|