Sweetened condensed milk is one of those products that you think maybe you have somewhere in the pantry and you go to make something that requires it only to find out that you have evaporated milk (NOT the same thing) or it’s expired or you have none at all! Shew!
This happened to me last week as I made a copycat version of Texas Roadhouse’s cinnamon sugar butter (oh yes, recipe to come soon!) and so I hit The Google to find a substitute or homemade version of some kind. There were a few out there and one of them was a total fail. I finally found this one from good ol’ E-How and it was perfect! Pretty easy and it made about what you would get from a store-bought can!
Homemade Sweetened Condensed Milk
1 cup powdered milk
1/3 cup boiling water (or more depending on the thickness you want)
2/3 cups sugar
3 tablespoons softened butter
Mix all ingredients together in a blender. Blend on high until the sugar fully dissolves and is smooth. Their version was a little too thick so I did add a little more water.
I used half of it right away and put the rest in the refrigerator. A week later it is still usable but it did get thick so I think you could re-blend it with a bit more of boiling water and it would be perfectly fine!