Footwear priced at $20 in 2000 $22.03 in 2018

Historical Price Inflation for Footwear

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Prices for Footwear, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for footwear were 10.13% higher in 2018 versus 2000 (a $2.03 difference in value).

Between 2000 and 2018: Footwear experienced an average inflation rate of 0.54% per year. In other words, footwear costing $20 in the year 2000 would cost $22.03 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for footwear was lower.

In the year 2000: Pricing changed by -1.54%, which is below the average yearly change for footwear during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for footwear was much lower.

Price Inflation for Footwear since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (24.84%), 1951 (13.10%), and 1942 (12.82%).

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

Year 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 14.000 14.200 15.000 15.000 14.800 15.000 15.600 17.600 18.500 19.300 19.800 22.200 27.715 30.277 30.062 30.531 34.531 33.846 33.808 34.192 34.538 36.338 37.538 38.115 39.685 41.069 41.415 42.008 42.477 42.662 43.369 45.977 48.254 50.808 53.938 56.754 58.615 60.254 62.808 66.631 69.600 72.346 75.708 79.015 85.238 91.823 96.677 99.131 99.808 101.054 102.354 101.923 105.108 109.931 114.354 117.369 120.885 124.954 125.877 126.000 125.423 126.623 127.562 128.031 125.723 123.792 122.992 121.385 119.562 119.254 122.615 123.531 122.374 124.157 126.854 127.988 128.482 131.834 135.016 135.452 136.787 137.315 136.689 136.334

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Footwear, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 -1.54%
2001 $19.87 -0.65%
2002 $19.61 -1.31%
2003 $19.32 -1.50%
2004 $19.27 -0.26%
2005 $19.81 2.82%
2006 $19.96 0.75%
2007 $19.77 -0.94%
2008 $20.06 1.46%
2009 $20.49 2.17%
2010 $20.68 0.89%
2011 $20.76 0.39%
2012 $21.30 2.61%
2013 $21.81 2.41%
2014 $21.88 0.32%
2015 $22.10 0.99%
2016 $22.18 0.39%
2017 $22.08 -0.46%
2018 $22.03 -0.26%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for footwear, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Footwear was 123.792 in the year 2000 and 136.334 in 2018:

136.334 / 123.792 * $20 = $22.03

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $22.03 in 2018 (in the CPI category of Footwear).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Footwear in 1935. In addition to footwear, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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