Ice milk, or iced milk, is a frozen dessert made with frozen dairy milk, but with less milk fat than regular ice cream. Ice milk is sometimes priced lower than ice cream.^{[citation needed]}

In the United States, ice milk is defined as containing less than 10 percent milk fat and the same sweetener amount as ice cream. A 1994 change in United States Food and Drug Administration rules allowed ice milk to be labeled as "non-fat ice cream", "low-fat ice cream", or "light ice cream" in the United States (depending on its fat content). In Canada, ice milk is defined as containing 3%–5% milk fat content, while 5%–7.5% milk fat content would instead be considered "light ice cream"; a product with an undefined milk fat content would be defined simply as a "frozen dairy dessert".