According to the U.S. Bureau of Labor Statistics, prices for footwear are 885.30% higher in 2024 versus 1939 (a $177.06 difference in value).
Between 1939 and 2024: Footwear experienced an average inflation rate of 2.73% per year. This rate of change indicates significant inflation. In other words, footwear costing $20 in the year 1939 would cost $197.06 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.73% during this same period, inflation for footwear was lower.
In the year 1939: Pricing changed by -1.33%, which is significantly below the average yearly change for footwear during the 1939-2024 time period. Compared to inflation for all items in 1939 (-1.31%), inflation for footwear was lower.
Below are calculations of equivalent buying power for Footwear, over time, for $20 beginning in 1939. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1939 | $20.00 | -1.33% |
1940 | $20.27 | 1.35% |
1941 | $21.08 | 4.00% |
1942 | $23.78 | 12.82% |
1943 | $25.00 | 5.11% |
1944 | $26.08 | 4.32% |
1945 | $26.76 | 2.59% |
1946 | $30.00 | 12.12% |
1947 | $37.45 | 24.84% |
1948 | $40.91 | 9.24% |
1949 | $40.62 | -0.71% |
1950 | $41.26 | 1.56% |
1951 | $46.66 | 13.10% |
1952 | $45.74 | -1.98% |
1953 | $45.69 | -0.11% |
1954 | $46.21 | 1.14% |
1955 | $46.67 | 1.01% |
1956 | $49.11 | 5.21% |
1957 | $50.73 | 3.30% |
1958 | $51.51 | 1.54% |
1959 | $53.63 | 4.12% |
1960 | $55.50 | 3.49% |
1961 | $55.97 | 0.84% |
1962 | $56.77 | 1.43% |
1963 | $57.40 | 1.12% |
1964 | $57.65 | 0.43% |
1965 | $58.61 | 1.66% |
1966 | $62.13 | 6.01% |
1967 | $65.21 | 4.95% |
1968 | $68.66 | 5.29% |
1969 | $72.89 | 6.16% |
1970 | $76.69 | 5.22% |
1971 | $79.21 | 3.28% |
1972 | $81.42 | 2.80% |
1973 | $84.88 | 4.24% |
1974 | $90.04 | 6.09% |
1975 | $94.05 | 4.46% |
1976 | $97.77 | 3.95% |
1977 | $102.31 | 4.65% |
1978 | $106.78 | 4.37% |
1979 | $115.19 | 7.88% |
1980 | $124.09 | 7.72% |
1981 | $130.64 | 5.29% |
1982 | $133.96 | 2.54% |
1983 | $134.88 | 0.68% |
1984 | $136.56 | 1.25% |
1985 | $138.32 | 1.29% |
1986 | $137.73 | -0.42% |
1987 | $142.04 | 3.12% |
1988 | $148.56 | 4.59% |
1989 | $154.53 | 4.02% |
1990 | $158.61 | 2.64% |
1991 | $163.36 | 3.00% |
1992 | $168.86 | 3.37% |
1993 | $170.10 | 0.74% |
1994 | $170.27 | 0.10% |
1995 | $169.49 | -0.46% |
1996 | $171.11 | 0.96% |
1997 | $172.38 | 0.74% |
1998 | $173.01 | 0.37% |
1999 | $169.90 | -1.80% |
2000 | $167.29 | -1.54% |
2001 | $166.21 | -0.65% |
2002 | $164.03 | -1.31% |
2003 | $161.57 | -1.50% |
2004 | $161.15 | -0.26% |
2005 | $165.70 | 2.82% |
2006 | $166.93 | 0.75% |
2007 | $165.37 | -0.94% |
2008 | $167.78 | 1.46% |
2009 | $171.42 | 2.17% |
2010 | $172.96 | 0.89% |
2011 | $173.62 | 0.39% |
2012 | $178.15 | 2.61% |
2013 | $182.45 | 2.41% |
2014 | $183.04 | 0.32% |
2015 | $184.85 | 0.99% |
2016 | $185.56 | 0.39% |
2017 | $184.71 | -0.46% |
2018 | $183.86 | -0.46% |
2019 | $184.72 | 0.47% |
2020 | $180.03 | -2.54% |
2021 | $186.69 | 3.70% |
2022 | $195.29 | 4.61% |
2023 | $195.74 | 0.23% |
2024 | $197.06 | 0.68%* |
* 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 Footwear:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 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 | 14.000 | 14.200 | 15.000 | 15.000 | 14.800 | 15.000 | 15.600 | 17.600 | 18.500 | 19.300 | 19.800 | 22.200 | 27.715 | 30.277 | 30.062 | 30.531 | 34.531 | 33.846 | 33.808 | 34.192 | 34.538 | 36.338 | 37.538 | 38.115 | 39.685 | 41.069 | 41.415 | 42.008 | 42.477 | 42.662 | 43.369 | 45.977 | 48.254 | 50.808 | 53.938 | 56.754 | 58.615 | 60.254 | 62.808 | 66.631 | 69.600 | 72.346 | 75.708 | 79.015 | 85.238 | 91.823 | 96.677 | 99.131 | 99.808 | 101.054 | 102.354 | 101.923 | 105.108 | 109.931 | 114.354 | 117.369 | 120.885 | 124.954 | 125.877 | 126.000 | 125.423 | 126.623 | 127.562 | 128.031 | 125.723 | 123.792 | 122.992 | 121.385 | 119.562 | 119.254 | 122.615 | 123.531 | 122.374 | 124.157 | 126.854 | 127.988 | 128.482 | 131.834 | 135.016 | 135.452 | 136.787 | 137.315 | 136.689 | 136.054 | 136.692 | 133.220 | 138.148 | 144.518 | 144.846 | 145.825 |