Footwear priced at $20 in 2009 $22.87 in 2023

Footwear Inflation Calculator


Prices for Footwear, 2009-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for footwear are 14.37% higher in 2023 versus 2009 (a $2.87 difference in value).

Between 2009 and 2023: Footwear experienced an average inflation rate of 0.96% per year. In other words, footwear costing $20 in the year 2009 would cost $22.87 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for footwear was lower.

In the year 2009: Pricing changed by 2.17%, which is above the average yearly change for footwear during the 2009-2023 time period. Compared to inflation for all items in 2009 (-0.36%), inflation for footwear was higher.

Price Inflation for Footwear since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (24.84%), 1951 (13.10%), and 1942 (12.82%).

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Buying power of $20.00 since 2009

Below are calculations of equivalent buying power for Footwear, over time, for $20 beginning in 2009. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust footwear prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2009 * 2009 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Footwear was 126.854 in the year 2009 and 145.087 in 2023:

145.087 / 126.854 * $20 = $22.87

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2009 has the same "purchasing power" as $22.87 in 2023 (in the CPI category of Footwear).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Footwear in 1935. In addition to footwear, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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