Apparel services other than laundry and dry cleaning priced at $20 in 2021 $24.29 in 2023

Apparel Services Other Than Laundry And Dry Cleaning Inflation Calculator

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Prices for Apparel Services Other Than Laundry And Dry Cleaning, 2021-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for apparel services other than laundry and dry cleaning are 21.45% higher in 2023 versus 2021 (a $4.29 difference in value).

Between 2021 and 2023: Apparel services other than laundry and dry cleaning experienced an average inflation rate of 10.20% 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 $24.29 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 5.97% during this same period, inflation for apparel services other than laundry and dry cleaning was significantly 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 2021-2023 time period. Compared to inflation for all items in 2021 (4.70%), inflation for apparel services other than laundry and dry cleaning was lower.

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: 2023 (10.33%), 2022 (10.08%), and 2008 (6.49%).

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Buying power of $20.00 since 2021

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:

YearUSD ValueInflation Rate
2021$20.002.15%
2022$22.0210.08%
2023$24.2910.33%*

* 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:

Year199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI100.000101.000103.192106.423111.408113.992116.638120.662126.277131.762136.904145.787152.456157.841163.759168.737174.356178.025181.616184.725186.915189.112197.817207.542211.995233.361257.468

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

Start with the inflation rate formula:

CPI in 2023 / CPI in 2021 * 2021 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Apparel services other than laundry and dry cleaning was 211.995 in the year 2021 and 257.468 in 2023:

257.468 / 211.995 * $20 = $24.29

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $24.29 in 2023 (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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