According to the U.S. Bureau of Labor Statistics, prices for apparel are 206.52% higher in 2024 versus 1920 (a $10,325,973,520.25 difference in value).
Between 1920 and 2024: Apparel experienced an average inflation rate of 1.08% per year. In other words, apparel costing $5,000,000,000 in the year 1920 would cost $15,325,973,520.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.67% during this same period, inflation for apparel was lower.
In the year 1920: Pricing changed by 13.43%, which is significantly above the average yearly change for apparel during the 1920-2024 time period. Compared to inflation for all items in 1920 (15.62%), inflation for apparel was lower.
Below are calculations of equivalent buying power for Apparel, over time, for $5,000,000,000 beginning in 1920. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1920 | $5,000,000,000.00 | 13.43% |
1921 | $3,694,509,345.79 | -26.11% |
1922 | $3,137,850,467.29 | -15.07% |
1923 | $3,165,887,850.47 | 0.89% |
1924 | $3,126,168,224.30 | -1.25% |
1925 | $3,072,429,906.54 | -1.72% |
1926 | $3,017,912,772.59 | -1.77% |
1927 | $2,951,713,395.64 | -2.19% |
1928 | $2,916,666,666.67 | -1.19% |
1929 | $2,881,619,937.69 | -1.20% |
1930 | $2,811,526,479.75 | -2.43% |
1931 | $2,523,364,485.98 | -10.25% |
1932 | $2,242,990,654.21 | -11.11% |
1933 | $2,227,414,330.22 | -0.69% |
1934 | $2,414,330,218.07 | 8.39% |
1935 | $2,429,906,542.06 | 0.65% |
1936 | $2,457,165,109.03 | 1.12% |
1937 | $2,586,448,598.13 | 5.26% |
1938 | $2,553,738,317.76 | -1.26% |
1939 | $2,525,700,934.58 | -1.10% |
1940 | $2,548,397,863.82 | 0.90% |
1941 | $2,665,348,670.02 | 4.59% |
1942 | $3,119,158,878.50 | 17.03% |
1943 | $3,253,953,989.94 | 4.32% |
1944 | $3,482,207,045.29 | 7.01% |
1945 | $3,661,933,860.53 | 5.16% |
1946 | $4,017,792,954.71 | 9.72% |
1947 | $4,656,721,782.89 | 15.90% |
1948 | $4,965,851,905.10 | 6.64% |
1949 | $4,769,949,676.49 | -3.94% |
1950 | $4,706,146,657.08 | -1.34% |
1951 | $5,131,200,575.13 | 9.03% |
1952 | $5,076,383,896.48 | -1.07% |
1953 | $5,043,134,435.66 | -0.65% |
1954 | $5,026,060,388.21 | -0.34% |
1955 | $5,009,884,974.84 | -0.32% |
1956 | $5,110,531,991.37 | 2.01% |
1957 | $5,198,598,130.84 | 1.72% |
1958 | $5,218,368,080.52 | 0.38% |
1959 | $5,259,705,248.02 | 0.79% |
1960 | $5,338,785,046.73 | 1.50% |
1961 | $5,381,020,848.31 | 0.79% |
1962 | $5,410,675,772.83 | 0.55% |
1963 | $5,477,174,694.46 | 1.23% |
1964 | $5,523,903,666.43 | 0.85% |
1965 | $5,576,923,076.92 | 0.96% |
1966 | $5,726,096,333.57 | 2.67% |
1967 | $5,959,741,193.39 | 4.08% |
1968 | $6,277,857,656.36 | 5.34% |
1969 | $6,639,108,555.00 | 5.75% |
1970 | $6,913,191,948.24 | 4.13% |
1971 | $7,136,951,833.21 | 3.24% |
1972 | $7,284,327,821.71 | 2.06% |
1973 | $7,551,222,142.34 | 3.66% |
1974 | $8,111,071,171.82 | 7.41% |
1975 | $8,472,322,070.45 | 4.45% |
1976 | $8,789,539,899.35 | 3.74% |
1977 | $9,183,141,624.73 | 4.48% |
1978 | $9,505,751,258.09 | 3.51% |
1979 | $9,921,818,835.37 | 4.38% |
1980 | $10,623,652,048.89 | 7.07% |
1981 | $11,130,481,667.86 | 4.77% |
1982 | $11,422,537,742.63 | 2.62% |
1983 | $11,704,708,842.56 | 2.47% |
1984 | $11,920,381,020.85 | 1.84% |
1985 | $12,269,051,042.42 | 2.92% |
1986 | $12,373,292,595.26 | 0.85% |
1987 | $12,917,864,845.43 | 4.40% |
1988 | $13,478,612,508.99 | 4.34% |
1989 | $13,853,342,918.76 | 2.78% |
1990 | $14,495,866,283.25 | 4.64% |
1991 | $15,035,945,363.05 | 3.73% |
1992 | $15,406,182,602.44 | 2.46% |
1993 | $15,614,665,708.12 | 1.35% |
1994 | $15,584,112,149.53 | -0.20% |
1995 | $15,416,067,577.28 | -1.08% |
1996 | $15,385,514,018.69 | -0.20% |
1997 | $15,520,309,130.12 | 0.88% |
1998 | $15,540,079,079.80 | 0.13% |
1999 | $15,337,886,412.65 | -1.30% |
2000 | $15,137,491,013.66 | -1.31% |
2001 | $14,867,900,790.80 | -1.78% |
2002 | $14,488,677,210.64 | -2.55% |
2003 | $14,121,135,873.47 | -2.54% |
2004 | $14,069,015,097.05 | -0.37% |
2005 | $13,964,773,544.21 | -0.74% |
2006 | $13,954,888,569.37 | -0.07% |
2007 | $13,901,662,473.04 | -0.38% |
2008 | $13,890,995,686.56 | -0.08% |
2009 | $14,027,821,711.00 | 0.98% |
2010 | $13,960,639,827.46 | -0.48% |
2011 | $14,265,267,792.95 | 2.18% |
2012 | $14,750,539,180.45 | 3.40% |
2013 | $14,884,498,562.19 | 0.91% |
2014 | $14,896,522,286.13 | 0.08% |
2015 | $14,708,240,474.48 | -1.26% |
2016 | $14,724,919,122.93 | 0.11% |
2017 | $14,674,299,065.42 | -0.34% |
2018 | $14,679,250,539.18 | 0.03% |
2019 | $14,492,020,129.40 | -1.28% |
2020 | $13,794,239,755.57 | -4.81% |
2021 | $14,134,660,316.32 | 2.47% |
2022 | $14,845,884,255.93 | 5.03% |
2023 | $15,254,520,129.40 | 2.75% |
2024 | $15,325,973,520.25 | 0.47%* |
* 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:
Year | 1913 | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 14.900 | 15.000 | 15.450 | 17.350 | 21.200 | 29.550 | 37.733 | 42.800 | 31.625 | 26.860 | 27.100 | 26.760 | 26.300 | 25.833 | 25.267 | 24.967 | 24.667 | 24.067 | 21.600 | 19.200 | 19.067 | 20.667 | 20.800 | 21.033 | 22.140 | 21.860 | 21.620 | 21.814 | 22.815 | 26.700 | 27.854 | 29.808 | 31.346 | 34.392 | 39.862 | 42.508 | 40.831 | 40.285 | 43.923 | 43.454 | 43.169 | 43.023 | 42.885 | 43.746 | 44.500 | 44.669 | 45.023 | 45.700 | 46.062 | 46.315 | 46.885 | 47.285 | 47.738 | 49.015 | 51.015 | 53.738 | 56.831 | 59.177 | 61.092 | 62.354 | 64.638 | 69.431 | 72.523 | 75.238 | 78.608 | 81.369 | 84.931 | 90.938 | 95.277 | 97.777 | 100.192 | 102.038 | 105.023 | 105.915 | 110.577 | 115.377 | 118.585 | 124.085 | 128.708 | 131.877 | 133.662 | 133.400 | 131.962 | 131.700 | 132.854 | 133.023 | 131.292 | 129.577 | 127.269 | 124.023 | 120.877 | 120.431 | 119.538 | 119.454 | 118.998 | 118.907 | 120.078 | 119.503 | 122.111 | 126.265 | 127.411 | 127.514 | 125.903 | 126.045 | 125.612 | 125.654 | 124.052 | 118.079 | 120.993 | 127.081 | 130.579 | 131.190 |