According to the U.S. Bureau of Labor Statistics, prices for apparel are 380.60% higher in 2026 versus 1923 (a $7,612,074.07 difference in value).
Between 1923 and 2026: Apparel experienced an average inflation rate of 1.54% per year. In other words, apparel costing $2,000,000 in the year 1923 would cost $9,612,074.07 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.90% during this same period, inflation for apparel was lower.
In the year 1923: Pricing changed by -0.58%, which is below the average yearly change for apparel during the 1923-2026 time period. Compared to inflation for all items in 1923 (1.79%), inflation for apparel was lower.
Below are calculations of equivalent buying power for Apparel, over time, for $2,000,000 beginning in 1923. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1923 | $2,000,000.00 | -0.58% |
| 1924 | $1,991,358.02 | -0.43% |
| 1925 | $1,954,320.99 | -1.86% |
| 1926 | $1,926,543.21 | -1.42% |
| 1927 | $1,888,888.89 | -1.95% |
| 1928 | $1,854,320.99 | -1.83% |
| 1929 | $1,835,185.19 | -1.03% |
| 1930 | $1,811,728.40 | -1.28% |
| 1931 | $1,674,691.36 | -7.56% |
| 1932 | $1,472,839.51 | -12.05% |
| 1933 | $1,372,839.51 | -6.79% |
| 1934 | $1,516,498.32 | 10.46% |
| 1935 | $1,539,031.34 | 1.49% |
| 1936 | $1,556,172.84 | 1.11% |
| 1937 | $1,627,777.78 | 4.60% |
| 1938 | $1,628,395.06 | 0.04% |
| 1939 | $1,601,851.85 | -1.63% |
| 1940 | $1,615,432.10 | 0.85% |
| 1941 | $1,690,123.46 | 4.62% |
| 1942 | $1,977,777.78 | 17.02% |
| 1943 | $2,063,580.25 | 4.34% |
| 1944 | $2,208,024.69 | 7.00% |
| 1945 | $2,321,604.94 | 5.14% |
| 1946 | $2,547,530.86 | 9.73% |
| 1947 | $2,952,469.14 | 15.90% |
| 1948 | $3,148,765.43 | 6.65% |
| 1949 | $3,024,691.36 | -3.94% |
| 1950 | $2,983,950.62 | -1.35% |
| 1951 | $3,253,703.70 | 9.04% |
| 1952 | $3,218,518.52 | -1.08% |
| 1953 | $3,198,148.15 | -0.63% |
| 1954 | $3,186,419.75 | -0.37% |
| 1955 | $3,176,543.21 | -0.31% |
| 1956 | $3,240,740.74 | 2.02% |
| 1957 | $3,296,296.30 | 1.71% |
| 1958 | $3,309,259.26 | 0.39% |
| 1959 | $3,335,185.19 | 0.78% |
| 1960 | $3,385,185.19 | 1.50% |
| 1961 | $3,411,728.40 | 0.78% |
| 1962 | $3,430,864.20 | 0.56% |
| 1963 | $3,472,839.51 | 1.22% |
| 1964 | $3,502,469.14 | 0.85% |
| 1965 | $3,535,802.47 | 0.95% |
| 1966 | $3,630,864.20 | 2.69% |
| 1967 | $3,779,012.35 | 4.08% |
| 1968 | $3,980,864.20 | 5.34% |
| 1969 | $4,209,876.54 | 5.75% |
| 1970 | $4,383,333.33 | 4.12% |
| 1971 | $4,525,308.64 | 3.24% |
| 1972 | $4,619,135.80 | 2.07% |
| 1973 | $4,788,271.60 | 3.66% |
| 1974 | $5,143,209.88 | 7.41% |
| 1975 | $5,372,222.22 | 4.45% |
| 1976 | $5,573,456.79 | 3.75% |
| 1977 | $5,822,839.51 | 4.47% |
| 1978 | $6,027,160.49 | 3.51% |
| 1979 | $6,291,358.02 | 4.38% |
| 1980 | $6,736,419.75 | 7.07% |
| 1981 | $7,057,407.41 | 4.76% |
| 1982 | $7,242,592.59 | 2.62% |
| 1983 | $7,421,604.94 | 2.47% |
| 1984 | $7,558,024.69 | 1.84% |
| 1985 | $7,779,629.63 | 2.93% |
| 1986 | $7,845,679.01 | 0.85% |
| 1987 | $8,190,740.74 | 4.40% |
| 1988 | $8,546,296.30 | 4.34% |
| 1989 | $8,783,950.62 | 2.78% |
| 1990 | $9,191,358.02 | 4.64% |
| 1991 | $9,533,950.62 | 3.73% |
| 1992 | $9,768,518.52 | 2.46% |
| 1993 | $9,900,617.28 | 1.35% |
| 1994 | $9,881,481.48 | -0.19% |
| 1995 | $9,774,691.36 | -1.08% |
| 1996 | $9,755,555.56 | -0.20% |
| 1997 | $9,840,740.74 | 0.87% |
| 1998 | $9,853,703.70 | 0.13% |
| 1999 | $9,725,308.64 | -1.30% |
| 2000 | $9,598,148.15 | -1.31% |
| 2001 | $9,427,160.49 | -1.78% |
| 2002 | $9,187,037.04 | -2.55% |
| 2003 | $8,953,703.70 | -2.54% |
| 2004 | $8,920,987.65 | -0.37% |
| 2005 | $8,854,938.27 | -0.74% |
| 2006 | $8,848,148.15 | -0.08% |
| 2007 | $8,814,685.19 | -0.38% |
| 2008 | $8,807,919.75 | -0.08% |
| 2009 | $8,894,679.01 | 0.99% |
| 2010 | $8,852,080.25 | -0.48% |
| 2011 | $9,045,234.57 | 2.18% |
| 2012 | $9,352,932.10 | 3.40% |
| 2013 | $9,437,876.54 | 0.91% |
| 2014 | $9,445,500.00 | 0.08% |
| 2015 | $9,326,111.11 | -1.26% |
| 2016 | $9,336,691.36 | 0.11% |
| 2017 | $9,304,592.59 | -0.34% |
| 2018 | $9,307,734.57 | 0.03% |
| 2019 | $9,189,012.35 | -1.28% |
| 2020 | $8,746,567.90 | -4.81% |
| 2021 | $8,962,419.75 | 2.47% |
| 2022 | $9,413,388.89 | 5.03% |
| 2023 | $9,672,493.83 | 2.75% |
| 2024 | $9,739,456.79 | 0.69% |
| 2025 | $9,775,898.99 | 0.37% |
| 2026 | $9,612,074.07 | -1.68%* |
* 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 | 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 | 2025 | 2026 |
| CPI | 15.000 | 15.050 | 15.792 | 18.258 | 23.000 | 34.000 | 43.608 | 34.883 | 27.158 | 27.000 | 26.883 | 26.383 | 26.008 | 25.500 | 25.033 | 24.775 | 24.458 | 22.608 | 19.883 | 18.533 | 20.473 | 20.777 | 21.008 | 21.975 | 21.983 | 21.625 | 21.808 | 22.817 | 26.700 | 27.858 | 29.808 | 31.342 | 34.392 | 39.858 | 42.508 | 40.833 | 40.283 | 43.925 | 43.450 | 43.175 | 43.017 | 42.883 | 43.750 | 44.500 | 44.675 | 45.025 | 45.700 | 46.058 | 46.317 | 46.883 | 47.283 | 47.733 | 49.017 | 51.017 | 53.742 | 56.833 | 59.175 | 61.092 | 62.358 | 64.642 | 69.433 | 72.525 | 75.242 | 78.608 | 81.367 | 84.933 | 90.942 | 95.275 | 97.775 | 100.192 | 102.033 | 105.025 | 105.917 | 110.575 | 115.375 | 118.583 | 124.083 | 128.708 | 131.875 | 133.658 | 133.400 | 131.958 | 131.700 | 132.850 | 133.025 | 131.292 | 129.575 | 127.267 | 124.025 | 120.875 | 120.433 | 119.542 | 119.450 | 118.998 | 118.907 | 120.078 | 119.503 | 122.111 | 126.265 | 127.411 | 127.514 | 125.902 | 126.045 | 125.612 | 125.654 | 124.052 | 118.079 | 120.993 | 127.081 | 130.579 | 131.483 | 131.975 | 129.763 |