According to the U.S. Bureau of Labor Statistics, prices for boys' and girls' footwear are 20.05% higher in 2022 versus 2012 (a $4.01 difference in value).
Between 2012 and 2022: Boys' and girls' footwear experienced an average inflation rate of 1.84% per year. In other words, boys' and girls' footwear costing $20 in the year 2012 would cost $24.01 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.25% during this same period, inflation for boys' and girls' footwear was lower.
In the year 2012: Pricing changed by 1.02%, which is below the average yearly change for boys' and girls' footwear during the 2012-2022 time period. Compared to inflation for all items in 2012 (2.07%), inflation for boys' and girls' footwear was lower.
Below are calculations of equivalent buying power for Boys' and girls' footwear, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Boys' and girls' footwear: