According to the U.S. Bureau of Labor Statistics, prices for apparel are 206.52% higher in 2024 versus 1920 (a $1,267,569.01 difference in value).
Between 1920 and 2024: Apparel experienced an average inflation rate of 1.08% per year. In other words, apparel costing $613,777 in the year 1920 would cost $1,881,346.01 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 $613,777 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 | $613,777.00 | 13.43% |
1921 | $453,520.97 | -26.11% |
1922 | $385,188.09 | -15.07% |
1923 | $388,629.83 | 0.89% |
1924 | $383,754.03 | -1.25% |
1925 | $377,157.36 | -1.72% |
1926 | $370,465.09 | -1.77% |
1927 | $362,338.76 | -2.19% |
1928 | $358,036.58 | -1.19% |
1929 | $353,734.41 | -1.20% |
1930 | $345,130.06 | -2.43% |
1931 | $309,756.62 | -10.25% |
1932 | $275,339.21 | -11.11% |
1933 | $273,427.14 | -0.69% |
1934 | $296,372.07 | 8.39% |
1935 | $298,284.15 | 0.65% |
1936 | $301,630.29 | 1.12% |
1937 | $317,500.53 | 5.26% |
1938 | $313,485.17 | -1.26% |
1939 | $310,043.43 | -1.10% |
1940 | $312,829.60 | 0.90% |
1941 | $327,185.94 | 4.59% |
1942 | $382,893.60 | 17.03% |
1943 | $399,440.42 | 4.32% |
1944 | $427,459.72 | 7.01% |
1945 | $449,522.16 | 5.16% |
1946 | $493,205.78 | 9.72% |
1947 | $571,637.75 | 15.90% |
1948 | $609,585.14 | 6.64% |
1949 | $585,537.08 | -3.94% |
1950 | $577,704.92 | -1.34% |
1951 | $629,882.58 | 9.03% |
1952 | $623,153.54 | -1.07% |
1953 | $619,071.98 | -0.65% |
1954 | $616,976.05 | -0.34% |
1955 | $614,990.43 | -0.32% |
1956 | $627,345.40 | 2.01% |
1957 | $638,155.99 | 1.72% |
1958 | $640,582.86 | 0.38% |
1959 | $645,657.22 | 0.79% |
1960 | $655,364.69 | 1.50% |
1961 | $660,549.37 | 0.79% |
1962 | $664,189.67 | 0.55% |
1963 | $672,352.77 | 1.23% |
1964 | $678,089.00 | 0.85% |
1965 | $684,597.42 | 0.96% |
1966 | $702,909.25 | 2.67% |
1967 | $731,590.41 | 4.08% |
1968 | $770,640.93 | 5.34% |
1969 | $814,986.43 | 5.75% |
1970 | $848,631.64 | 4.13% |
1971 | $876,099.38 | 3.24% |
1972 | $894,190.58 | 2.06% |
1973 | $926,953.29 | 3.66% |
1974 | $995,677.79 | 7.41% |
1975 | $1,040,023.28 | 4.45% |
1976 | $1,078,963.49 | 3.74% |
1977 | $1,127,280.22 | 4.48% |
1978 | $1,166,882.30 | 3.51% |
1979 | $1,217,956.84 | 4.38% |
1980 | $1,304,110.66 | 7.07% |
1981 | $1,366,326.73 | 4.77% |
1982 | $1,402,178.19 | 2.62% |
1983 | $1,436,816.22 | 2.47% |
1984 | $1,463,291.14 | 1.84% |
1985 | $1,506,092.27 | 2.92% |
1986 | $1,518,888.48 | 0.85% |
1987 | $1,585,737.67 | 4.40% |
1988 | $1,654,572.47 | 4.34% |
1989 | $1,700,572.65 | 2.78% |
1990 | $1,779,445.86 | 4.64% |
1991 | $1,845,743.49 | 3.73% |
1992 | $1,891,192.11 | 2.46% |
1993 | $1,916,784.53 | 1.35% |
1994 | $1,913,033.92 | -0.20% |
1995 | $1,892,405.54 | -1.08% |
1996 | $1,888,654.93 | -0.20% |
1997 | $1,905,201.76 | 0.88% |
1998 | $1,907,628.62 | 0.13% |
1999 | $1,882,808.38 | -1.30% |
2000 | $1,858,208.76 | -1.31% |
2001 | $1,825,115.11 | -1.78% |
2002 | $1,778,563.37 | -2.55% |
2003 | $1,733,445.68 | -2.54% |
2004 | $1,727,047.58 | -0.37% |
2005 | $1,714,251.36 | -0.74% |
2006 | $1,713,037.93 | -0.07% |
2007 | $1,706,504.14 | -0.38% |
2008 | $1,705,194.73 | -0.08% |
2009 | $1,721,990.87 | 0.98% |
2010 | $1,713,743.93 | -0.48% |
2011 | $1,751,138.65 | 2.18% |
2012 | $1,810,708.34 | 3.40% |
2013 | $1,827,152.57 | 0.91% |
2014 | $1,828,628.55 | 0.08% |
2015 | $1,805,515.94 | -1.26% |
2016 | $1,807,563.34 | 0.11% |
2017 | $1,801,349.45 | -0.34% |
2018 | $1,801,957.27 | 0.03% |
2019 | $1,778,973.73 | -1.28% |
2020 | $1,693,317.42 | -4.81% |
2021 | $1,735,105.88 | 2.47% |
2022 | $1,822,412.46 | 5.03% |
2023 | $1,872,574.72 | 2.75% |
2024 | $1,881,346.01 | 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 |