Disclosed is a milk beverage having a milk flavor, in which the contents of lactose and a solid-not-fat (SNF) material fall within predetermined ranges. Specifically disclosed is a milk beverage having a milk flavor, in which lactose is contained in an amount of 0.27 to 2.30 wt% inclusive and a solid-not-fat (SNF) material is contained in an amount of not less than 5.0 wt% and less than 8.3 wt%.