According to the U.S. Bureau of Labor Statistics, prices for boys' and girls' footwear are 2% higher in 2021 versus 2017 (a $0.40 difference in value).
Between 2017 and 2021: Boys' and girls' footwear experienced an average inflation rate of 0.50% per year. In other words, boys' and girls' footwear costing $20 in the year 2017 would cost $20.40 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.40% during this same period, inflation for boys' and girls' footwear was lower.
In the year 2017: Pricing changed by 0.39%, which is below the average yearly change for boys' and girls' footwear during the 2017-2021 time period. Compared to inflation for all items in 2017 (2.13%), 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 2017. 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: