Apparel less footwear priced at $20 in 1987 $20.41 in 2021

Apparel Less Footwear Inflation Calculator

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Prices for Apparel Less Footwear, 1987-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for apparel less footwear were 2.07% higher in 2021 versus 1987 (a $0.41 difference in value).

Between 1987 and 2021: Apparel less footwear experienced an average inflation rate of 0.06% per year. In other words, apparel less footwear costing $20 in the year 1987 would cost $20.41 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation for apparel less footwear was lower.

In the year 1987: Pricing changed by 4.69%, which is significantly above the average yearly change for apparel less footwear during the 1987-2021 time period. Compared to inflation for all items in 1987 (3.66%), inflation for apparel less footwear was higher.

Price Inflation for Apparel less footwear since 1947

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1951 (8.03%), 1974 (7.24%), and 1948 (5.96%).

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

Year 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 2019 2020 2021
CPI 47.654 50.492 48.154 47.200 50.992 50.585 50.085 49.669 49.269 49.769 50.200 50.115 50.185 50.692 51.008 51.092 51.585 52.000 52.400 53.354 55.446 58.600 62.069 64.477 66.454 67.785 70.146 75.223 77.954 80.346 83.492 85.515 87.862 93.038 96.446 98.131 100.254 101.585 104.338 104.692 109.600 114.400 117.115 122.808 127.431 130.215 131.908 131.177 129.269 128.477 129.423 129.338 127.785 126.192 123.608 120.115 116.762 116.315 114.423 114.131 113.848 113.358 114.172 113.272 116.234 120.403 121.068 121.059 118.807 118.866 118.496 118.693 116.601 110.241 111.863

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Buying power of $20 since 1987

Below are calculations of equivalent buying power for Apparel less footwear, over time, for $20 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1987 $20.00 4.69%
1988 $20.88 4.38%
1989 $21.37 2.37%
1990 $22.41 4.86%
1991 $23.25 3.76%
1992 $23.76 2.19%
1993 $24.07 1.30%
1994 $23.94 -0.55%
1995 $23.59 -1.45%
1996 $23.44 -0.61%
1997 $23.62 0.74%
1998 $23.60 -0.07%
1999 $23.32 -1.20%
2000 $23.03 -1.25%
2001 $22.56 -2.05%
2002 $21.92 -2.83%
2003 $21.31 -2.79%
2004 $21.23 -0.38%
2005 $20.88 -1.63%
2006 $20.83 -0.26%
2007 $20.78 -0.25%
2008 $20.69 -0.43%
2009 $20.83 0.72%
2010 $20.67 -0.79%
2011 $21.21 2.61%
2012 $21.97 3.59%
2013 $22.09 0.55%
2014 $22.09 -0.01%
2015 $21.68 -1.86%
2016 $21.69 0.05%
2017 $21.62 -0.31%
2018 $21.66 0.17%
2019 $21.28 -1.76%
2020 $20.12 -5.45%
2021 $20.41 1.47%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for apparel less footwear, 1987-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1987 * 1987 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Apparel less footwear was 109.600 in the year 1987 and 111.863 in 2021:

111.863 / 109.600 * $20 = $20.41

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1987 has the same "purchasing power" as $20.41 in 2021 (in the CPI category of Apparel less footwear).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Apparel less footwear in 1947. In addition to apparel less 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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