Boys' and girls' footwear priced at $20 in 1998 $25.10 in 2024

Boys' And Girls' Footwear Inflation Calculator

$

Prices for Boys' And Girls' Footwear, 1998-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for boys' and girls' footwear are 25.51% higher in 2024 versus 1998 (a $5.10 difference in value).

Between 1998 and 2024: Boys' and girls' footwear experienced an average inflation rate of 0.88% per year. In other words, boys' and girls' footwear costing $20 in the year 1998 would cost $25.10 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for boys' and girls' footwear was lower.

In the year 1998: Pricing changed by 0.27%, which is below the average yearly change for boys' and girls' footwear during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for boys' and girls' footwear was lower.

Price Inflation for Boys' and girls' footwear since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.48%), 1979 (8.08%), and 2022 (5.78%).

View price changes for other categories
Rent of primary residence · New York · Tampa, Florida · Denver, Colorado · More

Buying power of $20.00 since 1998

Below are calculations of equivalent buying power for Boys' and girls' footwear, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20.000.27%
1999$19.44-2.79%
2000$18.76-3.49%
2001$18.63-0.69%
2002$17.96-3.63%
2003$18.060.55%
2004$18.060.01%
2005$18.934.85%
2006$18.77-0.84%
2007$18.64-0.73%
2008$19.424.19%
2009$20.294.48%
2010$20.19-0.49%
2011$20.732.70%
2012$20.951.02%
2013$21.382.09%
2014$22.284.19%
2015$22.942.95%
2016$23.191.09%
2017$23.280.39%
2018$23.290.06%
2019$23.892.55%
2020$23.16-3.05%
2021$23.852.97%
2022$25.235.78%
2023$25.330.43%
2024$25.10-0.91%*

* 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:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI76.20077.85484.14692.96298.32399.03899.700101.238102.423101.977105.608111.077115.500120.031121.254122.338121.985125.585123.531128.885131.008131.362127.692123.238122.392117.954118.600118.608124.362123.315122.418127.548133.263132.604136.184137.575140.445146.329150.647152.288152.887152.986156.884152.106156.627165.683166.392164.873

Adjust boys' and girls' footwear prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1998 * 1998 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Boys' and girls' footwear was 131.362 in the year 1998 and 164.873 in 2024:

164.873 / 131.362 * $20 = $25.10

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $25.10 in 2024 (in the CPI category of Boys' and girls' footwear).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Boys' and girls' footwear in 1977. In addition to boys' and girls' footwear, 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.