According to the U.S. Bureau of Labor Statistics, prices for boys' and girls' footwear are 49.37% higher in 2024 versus 1988 (a $9.87 difference in value).
Between 1988 and 2024: Boys' and girls' footwear experienced an average inflation rate of 1.12% per year. In other words, boys' and girls' footwear costing $20 in the year 1988 would cost $29.87 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation for boys' and girls' footwear was lower.
In the year 1988: Pricing changed by 5.18%, which is significantly above the average yearly change for boys' and girls' footwear during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for boys' and girls' footwear was higher.
Below are calculations of equivalent buying power for Boys' and girls' footwear, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1988 | $20.00 | 5.18% |
1989 | $20.80 | 3.98% |
1990 | $21.61 | 3.92% |
1991 | $21.83 | 1.02% |
1992 | $22.03 | 0.89% |
1993 | $21.96 | -0.29% |
1994 | $22.61 | 2.95% |
1995 | $22.24 | -1.64% |
1996 | $23.21 | 4.33% |
1997 | $23.59 | 1.65% |
1998 | $23.65 | 0.27% |
1999 | $22.99 | -2.79% |
2000 | $22.19 | -3.49% |
2001 | $22.04 | -0.69% |
2002 | $21.24 | -3.63% |
2003 | $21.35 | 0.55% |
2004 | $21.36 | 0.01% |
2005 | $22.39 | 4.85% |
2006 | $22.20 | -0.84% |
2007 | $22.04 | -0.73% |
2008 | $22.97 | 4.19% |
2009 | $23.99 | 4.48% |
2010 | $23.88 | -0.49% |
2011 | $24.52 | 2.70% |
2012 | $24.77 | 1.02% |
2013 | $25.29 | 2.09% |
2014 | $26.35 | 4.19% |
2015 | $27.12 | 2.95% |
2016 | $27.42 | 1.09% |
2017 | $27.53 | 0.39% |
2018 | $27.55 | 0.06% |
2019 | $28.25 | 2.55% |
2020 | $27.39 | -3.05% |
2021 | $28.20 | 2.97% |
2022 | $29.83 | 5.78% |
2023 | $29.96 | 0.43% |
2024 | $29.87 | -0.29%* |
* 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 Boys' and girls' footwear:
Year | 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 | 76.200 | 77.854 | 84.146 | 92.962 | 98.323 | 99.038 | 99.700 | 101.238 | 102.423 | 101.977 | 105.608 | 111.077 | 115.500 | 120.031 | 121.254 | 122.338 | 121.985 | 125.585 | 123.531 | 128.885 | 131.008 | 131.362 | 127.692 | 123.238 | 122.392 | 117.954 | 118.600 | 118.608 | 124.362 | 123.315 | 122.418 | 127.548 | 133.263 | 132.604 | 136.184 | 137.575 | 140.445 | 146.329 | 150.647 | 152.288 | 152.887 | 152.986 | 156.884 | 152.106 | 156.627 | 165.683 | 166.392 | 165.912 |