Apparel priced at $3,250,000 in 1931 $19,060,841.60 in 2022

Apparel Inflation Calculator

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Prices for Apparel, 1931-2022 ($3,250,000)

According to the U.S. Bureau of Labor Statistics, prices for apparel are 486.49% higher in 2022 versus 1931 (a $15,810,841.60 difference in value).

Between 1931 and 2022: Apparel experienced an average inflation rate of 1.96% per year. In other words, apparel costing $3,250,000 in the year 1931 would cost $19,060,841.60 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.29% during this same period, inflation for apparel was lower.

In the year 1931: Pricing changed by -10.25%, which is significantly below the average yearly change for apparel during the 1931-2022 time period. Compared to inflation for all items in 1931 (-8.94%), inflation for apparel was lower.

Price Inflation for Apparel since 1913

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1918 (39.39%), 1919 (27.69%), and 1921 (-26.11%).

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Buying power of $3,250,000.00 since 1931

Below are calculations of equivalent buying power for Apparel, over time, for $3,250,000 beginning in 1931. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1931$3,250,000.00-10.25%
1932$2,888,888.89-11.11%
1933$2,868,827.16-0.69%
1934$3,109,567.908.39%
1935$3,129,629.630.65%
1936$3,164,737.651.12%
1937$3,331,250.005.26%
1938$3,289,120.37-1.26%
1939$3,253,009.26-1.10%
1940$3,282,242.060.90%
1941$3,432,870.374.59%
1942$4,017,361.1117.03%
1943$4,190,972.224.32%
1944$4,484,953.707.01%
1945$4,716,435.195.16%
1946$5,174,768.529.72%
1947$5,997,685.1915.90%
1948$6,395,833.336.64%
1949$6,143,518.52-3.94%
1950$6,061,342.59-1.34%
1951$6,608,796.309.03%
1952$6,538,194.44-1.07%
1953$6,495,370.37-0.65%
1954$6,473,379.63-0.34%
1955$6,452,546.30-0.32%
1956$6,582,175.932.01%
1957$6,695,601.851.72%
1958$6,721,064.810.38%
1959$6,774,305.560.79%
1960$6,876,157.411.50%
1961$6,930,555.560.79%
1962$6,968,750.000.55%
1963$7,054,398.151.23%
1964$7,114,583.330.85%
1965$7,182,870.370.96%
1966$7,375,000.002.67%
1967$7,675,925.934.08%
1968$8,085,648.155.34%
1969$8,550,925.935.75%
1970$8,903,935.194.13%
1971$9,192,129.633.24%
1972$9,381,944.442.06%
1973$9,725,694.443.66%
1974$10,446,759.267.41%
1975$10,912,037.044.45%
1976$11,320,601.853.74%
1977$11,827,546.304.48%
1978$12,243,055.563.51%
1979$12,778,935.194.38%
1980$13,682,870.377.07%
1981$14,335,648.154.77%
1982$14,711,805.562.62%
1983$15,075,231.482.47%
1984$15,353,009.261.84%
1985$15,802,083.332.92%
1986$15,936,342.590.85%
1987$16,637,731.484.40%
1988$17,359,953.704.34%
1989$17,842,592.592.78%
1990$18,670,138.894.64%
1991$19,365,740.743.73%
1992$19,842,592.592.46%
1993$20,111,111.111.35%
1994$20,071,759.26-0.20%
1995$19,855,324.07-1.08%
1996$19,815,972.22-0.20%
1997$19,989,583.330.88%
1998$20,015,046.300.13%
1999$19,754,629.63-1.30%
2000$19,496,527.78-1.31%
2001$19,149,305.56-1.78%
2002$18,660,879.63-2.55%
2003$18,187,500.00-2.54%
2004$18,120,370.37-0.37%
2005$17,986,111.11-0.74%
2006$17,973,379.63-0.07%
2007$17,904,826.39-0.38%
2008$17,891,087.96-0.08%
2009$18,067,314.810.98%
2010$17,980,787.04-0.48%
2011$18,373,136.572.18%
2012$18,998,148.153.40%
2013$19,170,682.870.91%
2014$19,186,168.980.08%
2015$18,943,668.98-1.26%
2016$18,965,150.460.11%
2017$18,899,953.70-0.34%
2018$18,906,331.020.03%
2019$18,665,185.19-1.28%
2020$17,766,469.91-4.81%
2021$18,204,918.982.47%
2022$19,060,841.604.70%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Apparel:

Year19131914191519161917191819191920192119221923192419251926192719281929193019311932193319341935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI14.90015.00015.45017.35021.20029.55037.73342.80031.62526.86027.10026.76026.30025.83325.26724.96724.66724.06721.60019.20019.06720.66720.80021.03322.14021.86021.62021.81422.81526.70027.85429.80831.34634.39239.86242.50840.83140.28543.92343.45443.16943.02342.88543.74644.50044.66945.02345.70046.06246.31546.88547.28547.73849.01551.01553.73856.83159.17761.09262.35464.63869.43172.52375.23878.60881.36984.93190.93895.27797.777100.192102.038105.023105.915110.577115.377118.585124.085128.708131.877133.662133.400131.962131.700132.854133.023131.292129.577127.269124.023120.877120.431119.538119.454118.998118.907120.078119.503122.111126.265127.411127.514125.903126.045125.612125.654124.052118.079120.993126.681

Adjust apparel prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1931 * 1931 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Apparel was 21.600 in the year 1931 and 126.681 in 2022:

126.681 / 21.600 * $3,250,000 = $19,060,841.60

Therefore, according to U.S. Bureau of Labor Statistics, $3,250,000 in 1931 has the same "purchasing power" as $19,060,841.60 in 2022 (in the CPI category of Apparel).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Apparel in 1913. In addition to apparel, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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