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Which Milk Alternative is the Cheapest?

4 min read

According to USDA figures from July 2021, plant-based milks cost significantly more per liter on average than conventional dairy milk, presenting a challenge for budget-conscious consumers. Determining which milk alternative is the cheapest requires comparing the costs of various popular options, including store-bought and homemade versions, to find the best value for your needs.

Quick Summary

This guide compares the costs of popular store-bought milk alternatives like oat, soy, rice, and almond milk. It also details the significant savings possible by making plant-based milks at home, highlighting ingredients and methods for a budget-friendly option.

Key Points

  • Homemade is Cheapest: Making your own milk alternative from oats or soybeans offers the greatest cost savings, with ingredients being very affordable.

  • Soy and Rice are Budget-Friendly: Store-bought soy milk and rice milk are generally the most affordable options found in supermarkets.

  • Oat Milk Varies: Store-bought oat milk is often more expensive than soy or rice milk, but significantly cheaper when made at home.

  • Consider Store Brands: Opting for generic or store-brand plant-based milks at discount stores can lead to substantial savings.

  • Less Common is More Costly: Specialized alternatives like cashew or macadamia milk are typically the most expensive per liter.

  • Nutritional Trade-offs: Cheaper alternatives like rice milk are often lower in protein than soy milk, so consider your nutritional goals.

  • DIY Equipment Pays Off: Investing in a blender and nut milk bag for homemade versions pays for itself quickly with the savings from buying ingredients in bulk.

In This Article

Comparing the Cost of Store-Bought Milk Alternatives

When exploring plant-based dairy options, many consumers are surprised to find that these alternatives often carry a higher price tag than their dairy counterparts. The cost can vary significantly depending on the type of milk, the brand, and your location. For example, some market analyses show that oat milk can be more expensive per liter than soy or rice milk due to different production costs. The key is to weigh nutritional benefits, taste, and use-case against the cost per serving.

Soy milk is often one of the more affordable options available in the grocery store. It has a long history and a mature market, which helps keep prices competitive. Fortified versions offer a strong nutritional profile similar to cow's milk in terms of protein and calcium, making it a budget-friendly choice that doesn't compromise on key nutrients. Rice milk is also a very economical choice, sometimes even cheaper than soy milk, though its nutritional profile is often weaker, particularly in protein. Oat milk, while growing in popularity, can fall in the mid-to-high price range for store-bought varieties. Brands often produce specific 'barista' versions, which come at an even higher premium. Almond milk's price can vary, but it is generally a mid-tier option, widely available and often less expensive than oat milk. Less common alternatives like cashew, hemp, or macadamia milk tend to be the most expensive, largely due to higher production costs and less market saturation.

The DIY Route: Making Milk Alternatives at Home

For those looking for the absolute cheapest milk alternative, making your own at home is the most cost-effective solution. While there is an initial investment in a decent blender and a nut milk bag (for some recipes), the long-term savings are substantial. The ingredients for homemade plant milks are inexpensive, and you can control the purity and ingredients, avoiding added sugars, preservatives, and thickeners found in many commercial products.

  • Homemade Oat Milk: Oat milk is perhaps the cheapest and easiest to make at home. All you need are rolled oats, water, and a blender. A 2023 Reddit post notes a cost of around $2 USD per two liters for homemade oat milk, significantly less than the $5-$7 USD for store-bought premium versions. The process involves a short blend and a quick strain, and many recipes even skip the soaking step. The key to a non-slimy texture is using cold water and not over-blending.
  • Homemade Soy Milk: This is another highly economical option, especially if you can find bulk soybeans. While it requires a bit more effort—involving soaking, blending, and cooking—the resulting milk is rich in protein and flavor. Sourcing soybeans from an Asian grocery store can further reduce costs.
  • Homemade Rice Milk: Rice milk can also be made at home for very little cost, especially when using inexpensive broken rice. The process is straightforward, requiring rice, water, and a blender, but like homemade oat milk, it is best to drink it cold and shaken.

Cost and Features Comparison of Milk Alternatives

Feature Soy Milk (Store-Bought) Oat Milk (Store-Bought) Rice Milk (Store-Bought) Homemade Oat/Soy Milk
Typical Cost (per L) Low to Medium Medium to High Low to Medium Very Low (after initial equipment)
Best For Protein source, baking, coffee Coffee, smoothies, cereal Hypoallergenic, baking Overall cost savings, ingredient control
Nutrition High in protein, often fortified Contains beta-glucan, often fortified Low in fat and protein Depends on ingredients; can be fortified
Taste Profile Creamy, slightly bean-y Creamy, naturally sweet Thin, naturally sweet Fresh, cleaner taste without additives
Convenience High (ready to use) High (ready to use) High (ready to use) Low (requires time and preparation)

Maximizing Savings: Finding the Best Deal

Beyond making your own milk, there are other strategies for reducing the cost of plant-based milks. Always compare prices between major grocery chains, as different stores have varying inventory and markups. Aldi and Lidl, for example, are frequently cited as budget-friendly stores for non-dairy items. Buying in bulk or purchasing milk alternatives at warehouses can also significantly lower the per-liter price. Look for generic store-brand versions, which are often considerably cheaper than name brands. Finally, using concentrated forms like coconut milk powder or milk pods can be economical for occasional use or while traveling.

Conclusion

When it comes to the question of which milk alternative is the cheapest, the answer is undoubtedly homemade oat milk or soy milk. The investment of a few ingredients and a blender offers the most substantial long-term savings. For those who prefer the convenience of store-bought options, both soy and rice milks typically rank as the most affordable choices on the market. By considering both store-bought affordability and the impressive cost-efficiency of homemade versions, consumers can make an informed decision that suits both their budget and their dietary preferences.

Dairy and the Environment

Frequently Asked Questions

Oat milk is significantly cheaper to make at home than to buy at the store. The raw ingredients, primarily rolled oats and water, are far less expensive than the heavily processed and marketed store-bought versions.

Soy milk generally offers the best protein-to-cost ratio, as it's one of the more affordable store-bought milks and has a protein content comparable to dairy milk.

Store-bought plant milks are more expensive due to higher production and processing costs, smaller distribution networks, and the lack of government subsidies that support the dairy industry in some regions.

While canned coconut milk can be relatively inexpensive, especially when used in smaller amounts or as a base for thinned-out milk, its unique flavor and higher saturated fat content make it unsuitable for all applications, but it is a very inexpensive option for adding richness.

Yes, making homemade milk alternatives from scratch can save a significant amount of money over time, especially if you consume plant-based milk regularly. The cost of raw oats or soybeans is minimal compared to the price per liter of packaged products.

While specialized 'barista' milks are sold for coffee, a budget-friendly option would be a homemade oat milk, or even a store-bought soy milk. Finding the right brand and fat content might be a personal preference, but starting with these will likely be cheaper than commercial barista blends.

Yes, the leftover pulp, or 'okara' from soy milk, can be used in various recipes like baked goods, veggie burgers, or even smoothies to reduce food waste and further increase the value of your homemade milk.

References

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Medical Disclaimer

This content is for informational purposes only and should not replace professional medical advice.