Men's shirts and sweaters priced at $20 in 2000 $15.99 in 2018

Historical Price Inflation for Men's shirts and sweaters

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Prices for Men's Shirts And Sweaters, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for men's shirts and sweaters were 20.04% lower in 2018 versus 2000 (a $4.01 difference in value).

Between 2000 and 2018: Men's shirts and sweaters experienced an average inflation rate of -1.23% per year. In other words, men's shirts and sweaters costing $20 in the year 2000 would cost $15.99 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for men's shirts and sweaters was significantly lower.

In the year 2000: Pricing changed by -0.30%, which is above the average yearly change for men's shirts and sweaters during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for men's shirts and sweaters was much lower.

Price Inflation for Men's shirts and sweaters since 1998

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2002 (-5.41%), 2001 (-4.43%), and 2003 (-4.08%).

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

Year 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 99.983 98.558 98.267 93.917 88.833 85.208 85.367 84.292 84.675 82.538 80.426 80.954 78.630 79.568 82.246 82.918 81.020 79.514 79.562 78.608 78.579

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Men's shirts and sweaters, 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 -0.30%
2001 $19.11 -4.43%
2002 $18.08 -5.41%
2003 $17.34 -4.08%
2004 $17.37 0.19%
2005 $17.16 -1.26%
2006 $17.23 0.45%
2007 $16.80 -2.52%
2008 $16.37 -2.56%
2009 $16.48 0.66%
2010 $16.00 -2.87%
2011 $16.19 1.19%
2012 $16.74 3.37%
2013 $16.88 0.82%
2014 $16.49 -2.29%
2015 $16.18 -1.86%
2016 $16.19 0.06%
2017 $16.00 -1.20%
2018 $15.99 -0.04%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for men's shirts and sweaters, 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 Men's shirts and sweaters was 98.267 in the year 2000 and 78.579 in 2018:

78.579 / 98.267 * $20 = $15.99

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $15.99 in 2018 (in the CPI category of Men's shirts and sweaters).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Men's shirts and sweaters in 1998. In addition to men's shirts and sweaters, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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