Price of a Half-Gallon of Milk
Price in 1918: 28 cents
Price today: $2.01
If you ran to the store for a half-gallon of milk in 1918, you probably would have paid 28 cents. Today, dairy prices fluctuate significantly by season, and it’s one of the many things dependent on supply and demand. The 1918 price of a half-gallon of milk, adjusted for inflation in 2018, would be $4.96, but the price you can expect to pay at your neighborhood grocery store today is just $2.01.