According to the U.S. Bureau of Labor Statistics, prices for apparel services other than laundry and dry cleaning are 171.84% higher in 2024 versus 1998 (a $34.37 difference in value).
Between 1998 and 2024: Apparel services other than laundry and dry cleaning experienced an average inflation rate of 3.92% 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 1998 would cost $54.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for apparel services other than laundry and dry cleaning was higher.
In the year 1998: Pricing changed by 1%, which is below the average yearly change for apparel services other than laundry and dry cleaning during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for apparel services other than laundry and dry cleaning was lower.
Below are calculations of equivalent buying power for Apparel services other than laundry and dry cleaning, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 1.00% |
| 1999 | $20.43 | 2.17% |
| 2000 | $21.07 | 3.13% |
| 2001 | $22.06 | 4.68% |
| 2002 | $22.57 | 2.32% |
| 2003 | $23.10 | 2.32% |
| 2004 | $23.89 | 3.45% |
| 2005 | $25.01 | 4.65% |
| 2006 | $26.09 | 4.34% |
| 2007 | $27.11 | 3.90% |
| 2008 | $28.87 | 6.49% |
| 2009 | $30.19 | 4.57% |
| 2010 | $31.26 | 3.53% |
| 2011 | $32.43 | 3.75% |
| 2012 | $33.41 | 3.04% |
| 2013 | $34.53 | 3.33% |
| 2014 | $35.25 | 2.10% |
| 2015 | $35.96 | 2.02% |
| 2016 | $36.58 | 1.71% |
| 2017 | $37.01 | 1.19% |
| 2018 | $37.45 | 1.18% |
| 2019 | $39.17 | 4.60% |
| 2020 | $41.10 | 4.92% |
| 2021 | $41.98 | 2.15% |
| 2022 | $46.21 | 10.08% |
| 2023 | $51.07 | 10.52% |
| 2024 | $54.37 | 6.45%* |
* 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:
| Year | 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 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 101.000 | 103.192 | 106.423 | 111.408 | 113.992 | 116.638 | 120.662 | 126.277 | 131.762 | 136.904 | 145.787 | 152.456 | 157.841 | 163.759 | 168.737 | 174.356 | 178.025 | 181.616 | 184.725 | 186.915 | 189.112 | 197.817 | 207.542 | 211.995 | 233.361 | 257.916 | 274.558 |