Is there a powdered milk mixture equivalent to evaporated milk?
Yeah, but no one will say, "Oh boy! This is yummy!" (Come to think of it, no one ever says that about evaporated milk either, do they? Never
Since 60 percent of the water has been removed from milk to make evaporated milk, add only 40 percent as much water to the powdered milk as the instructions call for (or a bit less than half, if the math is too challenging. A couple percent here or there aren't going to matter.)
Related Article: Other Substitutes for Evaporated Milk