According to the U.S. Bureau of Labor Statistics, prices for apparel services other than laundry and dry cleaning are 6.82% higher in 2022 versus 2021 (a $1.36 difference in value).
Between 2021 and 2022: Apparel services other than laundry and dry cleaning experienced an average inflation rate of 6.82% 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 2021 would cost $21.36 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 5.31% during this same period, inflation for apparel services other than laundry and dry cleaning was higher.
In the year 2021: Pricing changed by 2.15%, which is significantly below the average yearly change for apparel services other than laundry and dry cleaning during the 2021-2022 time period. Compared to inflation for all items in 2021 (4.70%), 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 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2021 | $20.00 | 2.15% |
| 2022 | $21.36 | 6.82%* |
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 |
| 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 | 226.454 |