According to the U.S. Bureau of Labor Statistics, prices for apparel are 225.56% higher in 2026 versus 1947 (a $2,120,268.95 difference in value).
Between 1947 and 2026: Apparel experienced an average inflation rate of 1.51% per year. In other words, apparel costing $940,000 in the year 1947 would cost $3,060,268.95 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for apparel was lower.
In the year 1947: Pricing changed by 15.90%, which is significantly above the average yearly change for apparel during the 1947-2026 time period. Compared to inflation for all items in 1947 (14.39%), inflation for apparel was higher.
Below are calculations of equivalent buying power for Apparel, over time, for $940,000 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1947 | $940,000.00 | 15.90% |
| 1948 | $1,002,496.34 | 6.65% |
| 1949 | $962,993.94 | -3.94% |
| 1950 | $950,023.00 | -1.35% |
| 1951 | $1,035,906.33 | 9.04% |
| 1952 | $1,024,704.16 | -1.08% |
| 1953 | $1,018,218.69 | -0.63% |
| 1954 | $1,014,484.63 | -0.37% |
| 1955 | $1,011,340.16 | -0.31% |
| 1956 | $1,031,779.22 | 2.02% |
| 1957 | $1,049,466.86 | 1.71% |
| 1958 | $1,053,593.98 | 0.39% |
| 1959 | $1,061,848.21 | 0.78% |
| 1960 | $1,077,767.09 | 1.50% |
| 1961 | $1,086,217.85 | 0.78% |
| 1962 | $1,092,310.27 | 0.56% |
| 1963 | $1,105,674.26 | 1.22% |
| 1964 | $1,115,107.67 | 0.85% |
| 1965 | $1,125,720.26 | 0.95% |
| 1966 | $1,155,985.78 | 2.69% |
| 1967 | $1,203,152.83 | 4.08% |
| 1968 | $1,267,417.94 | 5.34% |
| 1969 | $1,340,330.34 | 5.75% |
| 1970 | $1,395,555.09 | 4.12% |
| 1971 | $1,440,756.85 | 3.24% |
| 1972 | $1,470,629.31 | 2.07% |
| 1973 | $1,524,478.36 | 3.66% |
| 1974 | $1,637,482.75 | 7.41% |
| 1975 | $1,710,395.15 | 4.45% |
| 1976 | $1,774,463.73 | 3.75% |
| 1977 | $1,853,861.59 | 4.47% |
| 1978 | $1,918,912.82 | 3.51% |
| 1979 | $2,003,027.39 | 4.38% |
| 1980 | $2,144,725.07 | 7.07% |
| 1981 | $2,246,920.34 | 4.76% |
| 1982 | $2,305,879.16 | 2.62% |
| 1983 | $2,362,872.67 | 2.47% |
| 1984 | $2,406,305.67 | 1.84% |
| 1985 | $2,476,859.71 | 2.93% |
| 1986 | $2,497,888.35 | 0.85% |
| 1987 | $2,607,748.28 | 4.40% |
| 1988 | $2,720,949.20 | 4.34% |
| 1989 | $2,796,613.00 | 2.78% |
| 1990 | $2,926,322.39 | 4.64% |
| 1991 | $3,035,396.19 | 3.73% |
| 1992 | $3,110,077.36 | 2.46% |
| 1993 | $3,152,134.64 | 1.35% |
| 1994 | $3,146,042.23 | -0.19% |
| 1995 | $3,112,042.65 | -1.08% |
| 1996 | $3,105,950.24 | -0.20% |
| 1997 | $3,133,071.29 | 0.87% |
| 1998 | $3,137,198.41 | 0.13% |
| 1999 | $3,096,320.30 | -1.30% |
| 2000 | $3,055,835.25 | -1.31% |
| 2001 | $3,001,396.61 | -1.78% |
| 2002 | $2,924,946.69 | -2.55% |
| 2003 | $2,850,658.58 | -2.54% |
| 2004 | $2,840,242.53 | -0.37% |
| 2005 | $2,819,213.88 | -0.74% |
| 2006 | $2,817,052.06 | -0.08% |
| 2007 | $2,806,398.20 | -0.38% |
| 2008 | $2,804,244.24 | -0.08% |
| 2009 | $2,831,866.44 | 0.99% |
| 2010 | $2,818,303.95 | -0.48% |
| 2011 | $2,879,799.96 | 2.18% |
| 2012 | $2,977,763.96 | 3.40% |
| 2013 | $3,004,808.36 | 0.91% |
| 2014 | $3,007,235.50 | 0.08% |
| 2015 | $2,969,224.75 | -1.26% |
| 2016 | $2,972,593.27 | 0.11% |
| 2017 | $2,962,373.74 | -0.34% |
| 2018 | $2,963,374.07 | 0.03% |
| 2019 | $2,925,575.58 | -1.28% |
| 2020 | $2,784,711.19 | -4.81% |
| 2021 | $2,853,433.58 | 2.47% |
| 2022 | $2,997,012.04 | 5.03% |
| 2023 | $3,079,505.25 | 2.75% |
| 2024 | $3,100,824.75 | 0.69% |
| 2025 | $3,112,427.13 | 0.37% |
| 2026 | $3,060,268.95 | -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 |