Question 1

How much did milk cost in January 1998?

Accepted Answer

Milk cost $2.63 per gallon in January 1998, based on Milk, fresh, whole, fortified, per gal. (3.8 lit) from U.S. Bureau of Labor Statistics Average Price Data.

Question 2

What is $2.63 in January 1998 worth in 2026?

Accepted Answer

$2.63 in 1998 has about the same purchasing power as $5.38 in 2026, using CPI-U.

How much did milk cost in January 1998?

Related historical prices