According to the U.S. Bureau of Labor Statistics, prices for apparel are 495.02% higher in 2026 versus 1940 (a $4,950,156.67 difference in value).
Between 1940 and 2026: Apparel experienced an average inflation rate of 2.10% per year. This rate of change indicates significant inflation. In other words, apparel costing $1,000,000 in the year 1940 would cost $5,950,156.67 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.72% during this same period, inflation for apparel was lower.
In the year 1940: Pricing changed by 0.85%, which is below the average yearly change for apparel during the 1940-2026 time period. Compared to inflation for all items in 1940 (0.72%), inflation for apparel was higher.
Below are calculations of equivalent buying power for Apparel, over time, for $1,000,000 beginning in 1940. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1940 | $1,000,000.00 | 0.85% |
| 1941 | $1,046,236.15 | 4.62% |
| 1942 | $1,224,302.64 | 17.02% |
| 1943 | $1,277,416.89 | 4.34% |
| 1944 | $1,366,832.25 | 7.00% |
| 1945 | $1,437,141.77 | 5.14% |
| 1946 | $1,576,996.56 | 9.73% |
| 1947 | $1,827,665.27 | 15.90% |
| 1948 | $1,949,178.45 | 6.65% |
| 1949 | $1,872,372.95 | -3.94% |
| 1950 | $1,847,153.23 | -1.35% |
| 1951 | $2,014,138.33 | 9.04% |
| 1952 | $1,992,357.66 | -1.08% |
| 1953 | $1,979,747.80 | -0.63% |
| 1954 | $1,972,487.58 | -0.37% |
| 1955 | $1,966,373.71 | -0.31% |
| 1956 | $2,006,113.87 | 2.02% |
| 1957 | $2,040,504.39 | 1.71% |
| 1958 | $2,048,528.85 | 0.39% |
| 1959 | $2,064,577.76 | 0.78% |
| 1960 | $2,095,529.23 | 1.50% |
| 1961 | $2,111,960.26 | 0.78% |
| 1962 | $2,123,805.88 | 0.56% |
| 1963 | $2,149,789.84 | 1.22% |
| 1964 | $2,168,131.45 | 0.85% |
| 1965 | $2,188,765.76 | 0.95% |
| 1966 | $2,247,611.77 | 2.69% |
| 1967 | $2,339,319.83 | 4.08% |
| 1968 | $2,464,272.07 | 5.34% |
| 1969 | $2,606,037.45 | 5.75% |
| 1970 | $2,713,412.30 | 4.12% |
| 1971 | $2,801,299.20 | 3.24% |
| 1972 | $2,859,380.97 | 2.07% |
| 1973 | $2,964,081.01 | 3.66% |
| 1974 | $3,183,798.24 | 7.41% |
| 1975 | $3,325,563.62 | 4.45% |
| 1976 | $3,450,133.74 | 3.75% |
| 1977 | $3,604,508.98 | 4.47% |
| 1978 | $3,730,989.68 | 3.51% |
| 1979 | $3,894,535.73 | 4.38% |
| 1980 | $4,170,042.03 | 7.07% |
| 1981 | $4,368,742.84 | 4.76% |
| 1982 | $4,483,377.91 | 2.62% |
| 1983 | $4,594,191.82 | 2.47% |
| 1984 | $4,678,639.66 | 1.84% |
| 1985 | $4,815,819.64 | 2.93% |
| 1986 | $4,856,706.15 | 0.85% |
| 1987 | $5,070,309.51 | 4.40% |
| 1988 | $5,290,408.87 | 4.34% |
| 1989 | $5,437,523.88 | 2.78% |
| 1990 | $5,689,721.05 | 4.64% |
| 1991 | $5,901,795.95 | 3.73% |
| 1992 | $6,047,000.38 | 2.46% |
| 1993 | $6,128,773.40 | 1.35% |
| 1994 | $6,116,927.78 | -0.19% |
| 1995 | $6,050,821.55 | -1.08% |
| 1996 | $6,038,975.93 | -0.20% |
| 1997 | $6,091,708.06 | 0.87% |
| 1998 | $6,099,732.52 | 0.13% |
| 1999 | $6,020,252.20 | -1.30% |
| 2000 | $5,941,536.11 | -1.31% |
| 2001 | $5,835,689.72 | -1.78% |
| 2002 | $5,687,046.24 | -2.55% |
| 2003 | $5,542,606.04 | -2.54% |
| 2004 | $5,522,353.84 | -0.37% |
| 2005 | $5,481,467.33 | -0.74% |
| 2006 | $5,477,264.04 | -0.08% |
| 2007 | $5,456,549.48 | -0.38% |
| 2008 | $5,452,361.48 | -0.08% |
| 2009 | $5,506,068.02 | 0.99% |
| 2010 | $5,479,698.13 | -0.48% |
| 2011 | $5,599,266.34 | 2.18% |
| 2012 | $5,789,740.16 | 3.40% |
| 2013 | $5,842,323.27 | 0.91% |
| 2014 | $5,847,042.41 | 0.08% |
| 2015 | $5,773,137.18 | -1.26% |
| 2016 | $5,779,686.66 | 0.11% |
| 2017 | $5,759,816.58 | -0.34% |
| 2018 | $5,761,761.56 | 0.03% |
| 2019 | $5,688,269.01 | -1.28% |
| 2020 | $5,414,382.88 | -4.81% |
| 2021 | $5,548,001.53 | 2.47% |
| 2022 | $5,827,164.69 | 5.03% |
| 2023 | $5,987,558.27 | 2.75% |
| 2024 | $6,029,010.32 | 0.69% |
| 2025 | $6,051,569.11 | 0.37% |
| 2026 | $5,950,156.67 | -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 |