Name: Peanut Butter Hot Chocolate
Cook time: 10 min
Total time: 10 min
Yield: 2
Cuisine: American
Ingredients: 2 cups skim milk; 3/4 cup milk chocolate morsels; 3 tablespoons PB2 powdered peanut butter, or 2 tablespoons smooth peanut butter

Jump to Recipe·5 from 2 reviews

Peanut Butter Hot Chocolate is the ultimate cozy drink, blending rich chocolate with creamy peanut butter for a decadent treat. Ready in just 10 minutes with three simple ingredients, it’s the perfect way to warm up on a chilly winter day!

Two white coffee cups of peanut butter hot chocolate

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What readers say

“WOW this was so delicious!” -Hadley

“Yum! Peanut butter & chocolate is my love language. We’re getting cold weather this weekend so this is the perfect new treat to try.” -Ashley

Whenever I need a little pick-me-up during the winter months, peanut butter hot chocolate is my go-to indulgence.

The combination of creamy peanut butter and sweetness of milk chocolate creates the ultimate indulgent treat that feels like a hug in a mug. It’s so easy to make, and the rich, velvety texture is perfect for relaxing with a good book or sharing with friends and family during cozy gatherings.

If you like PB and chocolate, try my Chocolate Cake and Peanut Butter Buttercream.

Why I love this recipe

I love this peanut butter hot chocolate because it’s such a simple yet indulgent treat that works for any occasion. It’s like Reese’s peanut butter cups in drinkable form!

It’s also easy to make this hot cocoa recipe a little healthier by using skim milk and powdered peanut butter (PB2), and it doesn’t sacrifice any of the taste! The peanut butter adds a unique twist, making it stand out from your regular hot chocolate and giving it that irresistible flavor I can’t get enough of.

Ingredients

milk
milk chocolate morsels
creamy peanut butter, or PB2 powdered peanut butter – do not use natural peanut butter as it tends to be too oily

Step by step

In a small saucepan, add all the ingredients—milk, milk chocolate morsels, and peanut butter (or PB2 powdered peanut butter).
Place the saucepan over medium-low heat. Stir constantly with a whisk to ensure the chocolate and peanut butter melt smoothly.
Once everything is melted and creamy, pour the hot chocolate into two mugs. Top with whipped cream, marshmallows, and peanut butter morsels if you are feeling extra indulgent!

Tips for best results

Use a higher fat milk for a creamier and richer drink (whole milk is my go-to).
Stir constantly to prevent the chocolate from burning or sticking to the bottom of the pan.

A close up of peanut butter hot chocolate in a white bug topped with whipped cream and peanut butter morsels

Variations

I’m a big fan of the classic peanut butter hot chocolate, but there’s no harm in changing things up a little. For a bit healthier, I like to use skim milk and PB2 powdered peanut butter to cut down on calories.

If you need a dairy-free or vegan option, use full-fat coconut milk thinned with a little oat milk or almond milk and some dairy-free chocolate chips.

Serving suggestions

There’s no wrong way to enjoy a hot chocolate drink, but I love to make it even more delightful with a few simple additions. If I’m looking for a snack to go with it, I’ll serve a few peanut butter cookies or brownie cookies on the side for the perfect combo.

Storage

Store leftover hot chocolate in an airtight container in the fridge for up to 3 days.

When you’re ready to enjoy it again, reheat it on low heat on the stove to bring back that creamy goodness. You can also microwave it in 30-second intervals, stirring in between, until it’s hot and the chocolate fully melts.

If you try this recipe please comment and rate it below, I love hearing from you!