Apparel priced at $20 in 1916 $151.36 in 2023

Apparel Inflation Calculator

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Prices for Apparel, 1916-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for apparel are 656.81% higher in 2023 versus 1916 (a $131.36 difference in value).

Between 1916 and 2023: Apparel experienced an average inflation rate of 1.91% per year. In other words, apparel costing $20 in the year 1916 would cost $151.36 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.16% during this same period, inflation for apparel was lower.

In the year 1916: Pricing changed by 12.30%, which is significantly above the average yearly change for apparel during the 1916-2023 time period. Compared to inflation for all items in 1916 (7.69%), inflation for apparel was much higher.

Price Inflation for Apparel since 1913

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1918 (39.39%), 1919 (27.69%), and 1921 (-26.11%).

View price changes for other categories
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Buying power of $20.00 since 1916

Below are calculations of equivalent buying power for Apparel, over time, for $20 beginning in 1916. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1916$20.0012.30%
1917$24.4422.19%
1918$34.0639.39%
1919$43.5027.69%
1920$49.3413.43%
1921$36.46-26.11%
1922$30.96-15.07%
1923$31.240.89%
1924$30.85-1.25%
1925$30.32-1.72%
1926$29.78-1.77%
1927$29.13-2.19%
1928$28.78-1.19%
1929$28.43-1.20%
1930$27.74-2.43%
1931$24.90-10.25%
1932$22.13-11.11%
1933$21.98-0.69%
1934$23.828.39%
1935$23.980.65%
1936$24.251.12%
1937$25.525.26%
1938$25.20-1.26%
1939$24.92-1.10%
1940$25.150.90%
1941$26.304.59%
1942$30.7817.03%
1943$32.114.32%
1944$34.367.01%
1945$36.135.16%
1946$39.659.72%
1947$45.9515.90%
1948$49.006.64%
1949$47.07-3.94%
1950$46.44-1.34%
1951$50.639.03%
1952$50.09-1.07%
1953$49.76-0.65%
1954$49.59-0.34%
1955$49.43-0.32%
1956$50.432.01%
1957$51.301.72%
1958$51.490.38%
1959$51.900.79%
1960$52.681.50%
1961$53.100.79%
1962$53.390.55%
1963$54.051.23%
1964$54.510.85%
1965$55.030.96%
1966$56.502.67%
1967$58.814.08%
1968$61.955.34%
1969$65.515.75%
1970$68.224.13%
1971$70.423.24%
1972$71.882.06%
1973$74.513.66%
1974$80.047.41%
1975$83.604.45%
1976$86.733.74%
1977$90.614.48%
1978$93.803.51%
1979$97.904.38%
1980$104.837.07%
1981$109.834.77%
1982$112.712.62%
1983$115.502.47%
1984$117.621.84%
1985$121.062.92%
1986$122.090.85%
1987$127.474.40%
1988$133.004.34%
1989$136.702.78%
1990$143.044.64%
1991$148.373.73%
1992$152.022.46%
1993$154.081.35%
1994$153.78-0.20%
1995$152.12-1.08%
1996$151.82-0.20%
1997$153.150.88%
1998$153.340.13%
1999$151.35-1.30%
2000$149.37-1.31%
2001$146.71-1.78%
2002$142.97-2.55%
2003$139.34-2.54%
2004$138.83-0.37%
2005$137.80-0.74%
2006$137.70-0.07%
2007$137.17-0.38%
2008$137.07-0.08%
2009$138.420.98%
2010$137.76-0.48%
2011$140.762.18%
2012$145.553.40%
2013$146.870.91%
2014$146.990.08%
2015$145.13-1.26%
2016$145.300.11%
2017$144.80-0.34%
2018$144.850.03%
2019$143.00-1.28%
2020$136.11-4.81%
2021$139.472.47%
2022$146.495.03%
2023$151.363.32%*

* 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:

Year191319141915191619171918191919201921192219231924192519261927192819291930193119321933193419351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI14.90015.00015.45017.35021.20029.55037.73342.80031.62526.86027.10026.76026.30025.83325.26724.96724.66724.06721.60019.20019.06720.66720.80021.03322.14021.86021.62021.81422.81526.70027.85429.80831.34634.39239.86242.50840.83140.28543.92343.45443.16943.02342.88543.74644.50044.66945.02345.70046.06246.31546.88547.28547.73849.01551.01553.73856.83159.17761.09262.35464.63869.43172.52375.23878.60881.36984.93190.93895.27797.777100.192102.038105.023105.915110.577115.377118.585124.085128.708131.877133.662133.400131.962131.700132.854133.023131.292129.577127.269124.023120.877120.431119.538119.454118.998118.907120.078119.503122.111126.265127.411127.514125.903126.045125.612125.654124.052118.079120.993127.081131.306

Adjust apparel prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1916 * 1916 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Apparel was 17.350 in the year 1916 and 131.306 in 2023:

131.306 / 17.350 * $20 = $151.36

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1916 has the same "purchasing power" as $151.36 in 2023 (in the CPI category of Apparel).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Apparel in 1913. In addition to apparel, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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