This holiday twist to a crowd-favorite is hands down one of my favorite treats! Some people call them Muddy Buddies, some call it Puppy Chow, but everyone agrees that Chocolate Peppermint Chex Mix is a hit. My version has a cool hit of peppermint and bits of crushed candy cane. One of the greatest tricks is making candy cane sugar to dust them with. It’s literally pulverized candy canes and it’s delicious! Don’t be weirded out when you see peppermint and peanut butter together here. It works. I promise. The amount of peanut butter isn’t enough that it competes with the peppermint. It actually enhances everything and rounds out the flavor profile, while at the same time lending itself to the soft chocolate texture. Just trust me and go with it.

Ingredients Needed
This is just a preview of ingredients and method, keep scrolling for full printable recipe.
- Rice Chex cereal
- Dark or semisweet chocolate chips
- Creamy peanut butter – Smooth, basic peanut butter like JiF or Skippy is going to melt the best and provide the best texture, but any peanut butter will do. If you have peanut allergies, I’ve been told that Sunbutter works great, or I did experiment with 1/4 cup of coconut oil instead of 1/2 cup peanut butter. While my taste testers all agreed that the PB version tasted better, the coconut oil did work as a replacement.
- Butter
- Peppermint oil or extract – Be aware that the alcohol in extract can cause melted chocolate to seize, but it still works just fine. The key is to have your chocolate mixture warm and stir the extract in very quickly and then immediately add to the cereal. If using food grade peppermint oil, I usually cut the amount down to start and add more to taste, since it tends to be stronger. The oil will blend in nice and smooth.
- Candycanes – As a candy cane connoisseur, I suggest Bob’s or Brach’s (they are owned by the same company now) or even the little round star brite/ starlight mints. I would avoid Spangler brand for baking in general because the flavor and texture is not as good for baking and recipes.
- Powdered sugar

How to Make Chocolate Peppermint Chex Mix
- First, make the candy cane sugar for coating the Chex mix. Place some powdered sugar in a food processor, and break up a bunch of candy canes in there with it. This can also be done in a high-powered blender like I’m using in the photo above.
- Pulse that a few times to break up the candy canes, and then on higher speed until it goes from crunchy to smooth. You can tell when it’s done when you open your food processor and you have fluffy white peppermint snow. It’s soft powdered sugar with little teeny crunchy bits of peppermint.
- Take a few more candy canes and put them in a Ziplock bag. Grab a heavy rolling pin, or a mallet, or the bottom of a heavy cup, or anything that can smash stuff. And smash them. You don’t need to pulverize them like we did in the food processor. These little bits are getting tossed in with our cereal mix so you want little bites of peppermint.
- Place your Chex cereal in a big (no really, BIG- it will make mixing so much easier) bowl. I’m showing my crushed candy canes in here, but I actually think it works better if you toss them in after the next step, so you’ll see that reflected in my directions, just FYI.
- Place chocolate chips, peanut butter and butter in a heat-safe bowl. I know this sounds strange, seeing as we’re using peppermint, but trust me on this one. Melt it until it’s creamy and smooth and immediately add in some peppermint extract, or peppermint oil.
- Pour the melted chocolate mixture over the cereal. The chocolate mix may be slightly thick, and seem like it’s not covering everything at first, but just keep stirring and you’ll soon see that all of those cereal pieces has a nice chocolatey coating.
- Once it’s coated well, pour in your prepared candy cane sugar.
- Quickly toss everything together. Mix, mix, mix again until it’s all dusted snowy white. Peppermint Chocolate Chex Mix has a creamy smooth chocolate, with cool burst of peppermint, and cute little pieces of red and white candy. It’s pretty addicting, so consider yourself warned!







Storing and Other Tips
- Store in an airtight container at room temperature and enjoy within one week for best results.
- Allergy Warning: I think it’s a good reminder, since many of you will be giving this for gifts and sharing at holiday parties, to keep in mind that snacks like this, that don’t *appear* to contain peanut butter, can be especially dangerous for those with nut allergies. Be courteous, and if you are gifting to someone, or are sharing at a party, include a note clearly labeling that it contains peanut butter.
Frequently Asked Questions
Sure! Feel free to make it a day in advance. Store in an airtight container.
Yes, these will stay delicious for up to two months if frozen. You can even grab a handful and eat directly from the freezer! Simply store in an airtight container or zip-top bag.
If you have peanut allergies, I’ve been told that Sunbutter works great, or I did experiment with 1/4 cup of coconut oil instead of 1/2 cup peanut butter. While my taste testers all agreed that the PB version tasted better, the coconut oil did work as a replacement.
If you’re looking for a white chocolate version (without peanut butter) I’d make this Peppermint Popcorn Recipe and just swap chex mix for the popcorn!

Chocolate Peppermint Chex Mix
Ingredients
- 8 cups Rice Chex Cereal
- 1 cup chocolate chips dark or semisweet
- ½ cup creamy peanut butter
- 4 tablespoons butter
- 1½ teaspoons peppermint extract (or ½ tsp peppermint oil) See note
- 10 oz candy canes or crushed peppermints divided
- 1½ cup powdered sugar
Instructions
- Place cereal in a large mixing bowl and set aside. Place 1½ cups powdered sugar, and 6 oz candy canes* (which is about ¾ cup crushed, if you bought pre-crushed Brach's candy canes) in a food processor. Pulse several times to break up candy canes and then process until smooth. You'll have very tiny bits of candy cane still visible. Set aside.
- Place remaining 4 ounces candy canes in a ziplock bag and use a heavy rolling pin, or meat mallet, to crush them into little bits. You should have a generous 1/2 cup crushed Set aside.
- Place chocolate chips in a microwave safe bowl with peanut butter and butter. Heat in 30 second intervals, stirring in between, until melted and smooth. Stir in extract (if using peppermint oil, start with only ½ teaspoon and add more to taste) and immediately pour over chex mix. You'll want to move very quickly because the extract causes the chocolate to thicken.
- Quickly pour in the crushed candy canes from the ziplock bag over the chocolate and then stir to coat the cereal. The chocolate mixture might be slightly thick, but keep stirring and it will coat everything. Tip: It helps to use a bowl much larger than you think you need. I also sometimes wear food safe gloves and just toss with my hands.
- Once the cereal mixture is evenly coated with chocolate, I like to set it sit about 5 minutes to let the chocolate set before adding the powdered sugar, but you don't have to! Reserve about ½ cup of your candy cane sugar (it's okay to eyeball) and pour the rest over the chex and toss it well. Once it's well coated, then add the final 1/2 cup and toss.
- Eat out of the bowl, or package up for sharing!
Notes
- Store in an airtight container at room temperature and enjoy within one week for best results.
- As a candy cane connoisseur, I suggest Bob’s or Brach’s (they are owned by the same company now) or even the little round starbrite mints. I would avoid Spangler brand for baking in general because the flavor and texture isn’t quite as good for cooking and baking.
- Allergy Warning: I think it’s a good reminder, since many of you will be giving this for gifts and sharing at holiday parties, to keep in mind that snacks like this, that don’t *appear* to contain peanut butter, can be especially dangerous for those with nut allergies. Be courteous, and if you are gifting to someone, or are sharing at a party, include a note clearly labeling that it contains peanut butter.











Questions & Reviews
I made a double batch to give to neighbors and friends. One neighbor’s family is vegan, so I used non-dairy chocolate and Miyoko’s vegan butter, and it turned out great! I did feel that the peppermint flavor was too strong, so I tossed in mini-marshmallows, and red and green M&M’s, to soften the peppermint flavor, and it made for a very festive looking presentation! One friend I gave a bag to said she loved it, so I guess the peppermint flavor was OK for her. She also tossed it in with popcorn. When I make it again, I will cut back on the peppermint — just my personal taste. The recipe makes it easy to adjust the level of peppermint flavor. Overall, it was easy to make and is a fun and yummy Christmas gift!