Apparel priced at $20 in 1967 $49.70 in 2022

Apparel Inflation Calculator

$

Prices for Apparel, 1967-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for apparel are 148.48% higher in 2022 versus 1967 (a $29.70 difference in value).

Between 1967 and 2022: Apparel experienced an average inflation rate of 1.67% per year. In other words, apparel costing $20 in the year 1967 would cost $49.70 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 4.01% during this same period, inflation for apparel was lower.

In the year 1967: Pricing changed by 4.08%, which is above the average yearly change for apparel during the 1967-2022 time period. Compared to inflation for all items in 1967 (2.80%), inflation for apparel was higher.

Price Inflation for Apparel since 1913

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1918 (39.39%), 1919 (27.69%), and 1921 (-26.11%).

View price changes for other categories
Bananas · Juices and nonalcoholic drinks · Medical care · New trucks · More

Buying power of $20.00 since 1967

Below are calculations of equivalent buying power for Apparel, over time, for $20 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$20.004.08%
1968$21.075.34%
1969$22.285.75%
1970$23.204.13%
1971$23.953.24%
1972$24.452.06%
1973$25.343.66%
1974$27.227.41%
1975$28.434.45%
1976$29.503.74%
1977$30.824.48%
1978$31.903.51%
1979$33.304.38%
1980$35.657.07%
1981$37.354.77%
1982$38.332.62%
1983$39.282.47%
1984$40.001.84%
1985$41.172.92%
1986$41.520.85%
1987$43.354.40%
1988$45.234.34%
1989$46.492.78%
1990$48.654.64%
1991$50.463.73%
1992$51.702.46%
1993$52.401.35%
1994$52.30-0.20%
1995$51.73-1.08%
1996$51.63-0.20%
1997$52.080.88%
1998$52.150.13%
1999$51.47-1.30%
2000$50.80-1.31%
2001$49.89-1.78%
2002$48.62-2.55%
2003$47.39-2.54%
2004$47.21-0.37%
2005$46.86-0.74%
2006$46.83-0.07%
2007$46.65-0.38%
2008$46.62-0.08%
2009$47.080.98%
2010$46.85-0.48%
2011$47.872.18%
2012$49.503.40%
2013$49.950.91%
2014$49.990.08%
2015$49.36-1.26%
2016$49.410.11%
2017$49.24-0.34%
2018$49.260.03%
2019$48.63-1.28%
2020$46.29-4.81%
2021$47.432.47%
2022$49.704.77%*

* 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:

Year19131914191519161917191819191920192119221923192419251926192719281929193019311932193319341935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI14.90015.00015.45017.35021.20029.55037.73342.80031.62526.86027.10026.76026.30025.83325.26724.96724.66724.06721.60019.20019.06720.66720.80021.03322.14021.86021.62021.81422.81526.70027.85429.80831.34634.39239.86242.50840.83140.28543.92343.45443.16943.02342.88543.74644.50044.66945.02345.70046.06246.31546.88547.28547.73849.01551.01553.73856.83159.17761.09262.35464.63869.43172.52375.23878.60881.36984.93190.93895.27797.777100.192102.038105.023105.915110.577115.377118.585124.085128.708131.877133.662133.400131.962131.700132.854133.023131.292129.577127.269124.023120.877120.431119.538119.454118.998118.907120.078119.503122.111126.265127.411127.514125.903126.045125.612125.654124.052118.079120.993126.762

Adjust apparel prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1967 * 1967 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Apparel was 51.015 in the year 1967 and 126.762 in 2022:

126.762 / 51.015 * $20 = $49.70

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1967 has the same "purchasing power" as $49.70 in 2022 (in the CPI category of Apparel).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Apparel in 1913. In addition to apparel, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.