Apparel priced at $1 in 1915 $1.75 in 1923

Apparel Inflation Calculator

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Prices for Apparel, 1915-1923 ($1)

According to the U.S. Bureau of Labor Statistics, prices for apparel were 75.40% higher in 1923 versus 1915 (a $0.75 difference in value).

Between 1915 and 1923: Apparel experienced an average inflation rate of 7.28% per year. This rate of change indicates significant inflation. In other words, apparel costing $1 in the year 1915 would cost $1.75 in 1923 for an equivalent purchase. Compared to the overall inflation rate of 6.76% during this same period, inflation for apparel was higher.

In the year 1915: Pricing changed by 3%, which is significantly below the average yearly change for apparel during the 1915-1923 time period. Compared to inflation for all items in 1915 (0.92%), inflation for apparel was higher.

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%).

View price changes for other categories
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Buying power of $1.00 since 1915

Below are calculations of equivalent buying power for Apparel, over time, for $1 beginning in 1915. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1915$1.003.00%
1916$1.1212.30%
1917$1.3722.19%
1918$1.9139.39%
1919$2.4427.69%
1920$2.7713.43%
1921$2.05-26.11%
1922$1.74-15.07%
1923$1.750.89%
1924$1.73-1.25%
1925$1.70-1.72%
1926$1.67-1.77%
1927$1.64-2.19%
1928$1.62-1.19%
1929$1.60-1.20%
1930$1.56-2.43%
1931$1.40-10.25%
1932$1.24-11.11%
1933$1.23-0.69%
1934$1.348.39%
1935$1.350.65%
1936$1.361.12%
1937$1.435.26%
1938$1.41-1.26%
1939$1.40-1.10%
1940$1.410.90%
1941$1.484.59%
1942$1.7317.03%
1943$1.804.32%
1944$1.937.01%
1945$2.035.16%
1946$2.239.72%
1947$2.5815.90%
1948$2.756.64%
1949$2.64-3.94%
1950$2.61-1.34%
1951$2.849.03%
1952$2.81-1.07%
1953$2.79-0.65%
1954$2.78-0.34%
1955$2.78-0.32%
1956$2.832.01%
1957$2.881.72%
1958$2.890.38%
1959$2.910.79%
1960$2.961.50%
1961$2.980.79%
1962$3.000.55%
1963$3.031.23%
1964$3.060.85%
1965$3.090.96%
1966$3.172.67%
1967$3.304.08%
1968$3.485.34%
1969$3.685.75%
1970$3.834.13%
1971$3.953.24%
1972$4.042.06%
1973$4.183.66%
1974$4.497.41%
1975$4.694.45%
1976$4.873.74%
1977$5.094.48%
1978$5.273.51%
1979$5.504.38%
1980$5.897.07%
1981$6.174.77%
1982$6.332.62%
1983$6.482.47%
1984$6.601.84%
1985$6.802.92%
1986$6.860.85%
1987$7.164.40%
1988$7.474.34%
1989$7.682.78%
1990$8.034.64%
1991$8.333.73%
1992$8.542.46%
1993$8.651.35%
1994$8.63-0.20%
1995$8.54-1.08%
1996$8.52-0.20%
1997$8.600.88%
1998$8.610.13%
1999$8.50-1.30%
2000$8.39-1.31%
2001$8.24-1.78%
2002$8.03-2.55%
2003$7.82-2.54%
2004$7.79-0.37%
2005$7.74-0.74%
2006$7.73-0.07%
2007$7.70-0.38%
2008$7.70-0.08%
2009$7.770.98%
2010$7.73-0.48%
2011$7.902.18%
2012$8.173.40%
2013$8.250.91%
2014$8.250.08%
2015$8.15-1.26%
2016$8.160.11%
2017$8.13-0.34%
2018$8.130.03%
2019$8.03-1.28%
2020$7.64-4.81%
2021$7.832.47%
2022$8.235.03%
2023$8.452.75%
2024$8.41-0.47%*

* 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 Apparel:

Year1913191419151916191719181919192019211922192319241925192619271928192919301931193219331934193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI14.90015.00015.45017.35021.20029.55037.73342.80031.62526.86027.10026.76026.30025.83325.26724.96724.66724.06721.60019.20019.06720.66720.80021.03322.14021.86021.62021.81422.81526.70027.85429.80831.34634.39239.86242.50840.83140.28543.92343.45443.16943.02342.88543.74644.50044.66945.02345.70046.06246.31546.88547.28547.73849.01551.01553.73856.83159.17761.09262.35464.63869.43172.52375.23878.60881.36984.93190.93895.27797.777100.192102.038105.023105.915110.577115.377118.585124.085128.708131.877133.662133.400131.962131.700132.854133.023131.292129.577127.269124.023120.877120.431119.538119.454118.998118.907120.078119.503122.111126.265127.411127.514125.903126.045125.612125.654124.052118.079120.993127.081130.579129.966

Adjust apparel prices for inflation

Start with the inflation rate formula:

CPI in 1923 / CPI in 1915 * 1915 USD value = 1923 USD value

Then plug in historical CPI values from above. The CPI for Apparel was 15.450 in the year 1915 and 27.100 in 1923:

27.100 / 15.450 * $1 = $1.75

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1915 has the same "purchasing power" as $1.75 in 1923 (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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