Men's pants and shorts priced at $20 in 1977 $30.40 in 2023

Men's Pants And Shorts Inflation Calculator

$

Prices for Men's Pants And Shorts, 1977-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for men's pants and shorts are 51.99% higher in 2023 versus 1977 (a $10.40 difference in value).

Between 1977 and 2023: Men's pants and shorts experienced an average inflation rate of 0.91% per year. In other words, men's pants and shorts costing $20 in the year 1977 would cost $30.40 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.56% during this same period, inflation for men's pants and shorts was lower.

Price Inflation for Men's pants and shorts since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2021 (7.15%), 2023 (6.55%), and 1981 (5.97%).

View price changes for other categories
Detroit, Michigan · San Diego, California · Educational books and supplies · Alcoholic beverages · More

Buying power of $20.00 since 1977

Below are calculations of equivalent buying power for Men's pants and shorts, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$20.00-
1978$19.87-0.67%
1979$19.880.05%
1980$20.060.90%
1981$21.255.97%
1982$22.063.81%
1983$22.481.90%
1984$22.731.09%
1985$23.493.38%
1986$23.39-0.42%
1987$24.163.26%
1988$25.234.46%
1989$26.284.16%
1990$26.892.32%
1991$27.863.61%
1992$28.632.76%
1993$28.53-0.37%
1994$28.640.39%
1995$28.60-0.12%
1996$29.252.27%
1997$29.490.83%
1998$29.620.44%
1999$29.730.36%
2000$29.19-1.82%
2001$27.88-4.47%
2002$26.90-3.53%
2003$25.31-5.91%
2004$24.68-2.49%
2005$25.051.52%
2006$24.55-2.00%
2007$24.43-0.49%
2008$24.911.96%
2009$25.070.67%
2010$24.41-2.63%
2011$25.504.45%
2012$26.764.96%
2013$26.960.75%
2014$26.83-0.48%
2015$27.632.98%
2016$26.83-2.89%
2017$26.77-0.22%
2018$26.46-1.17%
2019$26.24-0.83%
2020$26.270.13%
2021$28.157.15%
2022$28.531.34%
2023$30.406.55%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Men's pants and shorts:

Year19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI89.20088.60088.64689.44694.78598.392100.262101.354104.777104.338107.738112.538117.223119.938124.269127.700127.223127.715127.562130.454131.531132.115132.592130.177124.354119.962112.869110.054111.723109.485108.949111.088111.827108.883113.725119.363120.257119.682123.246119.683119.415118.015117.035117.183125.564127.242135.579

Adjust men's pants and shorts prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1977 * 1977 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Men's pants and shorts was 89.200 in the year 1977 and 135.579 in 2023:

135.579 / 89.200 * $20 = $30.40

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $30.40 in 2023 (in the CPI category of Men's pants and shorts).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Men's pants and shorts in 1977. In addition to men's pants and shorts, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.