Apparel services other than laundry and dry cleaning priced at $20 in 1997 $46.15 in 2022

Apparel Services Other Than Laundry And Dry Cleaning Inflation Calculator

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Prices for Apparel Services Other Than Laundry And Dry Cleaning, 1997-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for apparel services other than laundry and dry cleaning are 130.75% higher in 2022 versus 1997 (a $26.15 difference in value).

Between 1997 and 2022: Apparel services other than laundry and dry cleaning experienced an average inflation rate of 3.40% per year. This rate of change indicates significant inflation. In other words, apparel services other than laundry and dry cleaning costing $20 in the year 1997 would cost $46.15 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.42% during this same period, inflation for apparel services other than laundry and dry cleaning was higher.

Price Inflation for Apparel services other than laundry and dry cleaning since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (8.85%), 2008 (6.49%), and 2020 (4.92%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Apparel services other than laundry and dry cleaning, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$20.00-
1998$20.201.00%
1999$20.642.17%
2000$21.283.13%
2001$22.284.68%
2002$22.802.32%
2003$23.332.32%
2004$24.133.45%
2005$25.264.65%
2006$26.354.34%
2007$27.383.90%
2008$29.166.49%
2009$30.494.57%
2010$31.573.53%
2011$32.753.75%
2012$33.753.04%
2013$34.873.33%
2014$35.602.10%
2015$36.322.02%
2016$36.941.71%
2017$37.381.19%
2018$37.821.18%
2019$39.564.60%
2020$41.514.92%
2021$42.402.15%
2022$46.158.85%*

* 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 services other than laundry and dry cleaning:

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000101.000103.192106.423111.408113.992116.638120.662126.277131.762136.904145.787152.456157.841163.759168.737174.356178.025181.616184.725186.915189.112197.817207.542211.995230.749

Adjust apparel services other than laundry and dry cleaning prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1997 * 1997 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Apparel services other than laundry and dry cleaning was 100.000 in the year 1997 and 230.749 in 2022:

230.749 / 100.000 * $20 = $46.15

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $46.15 in 2022 (in the CPI category of Apparel services other than laundry and dry cleaning).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Apparel services other than laundry and dry cleaning in 1997. In addition to apparel services other than laundry and dry cleaning, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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