Men's and boys' apparel priced at $20 in 1962 $53.64 in 2024

Men's And Boys' Apparel Inflation Calculator

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Prices for Men's And Boys' Apparel, 1962-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for men's and boys' apparel are 168.20% higher in 2024 versus 1962 (a $33.64 difference in value).

Between 1962 and 2024: Men's and boys' apparel experienced an average inflation rate of 1.60% per year. In other words, men's and boys' apparel costing $20 in the year 1962 would cost $53.64 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.84% during this same period, inflation for men's and boys' apparel was lower.

In the year 1962: Pricing changed by 0.60%, which is below the average yearly change for men's and boys' apparel during the 1962-2024 time period. Compared to inflation for all items in 1962 (1.18%), inflation for men's and boys' apparel was lower.

Price Inflation for Men's and boys' apparel since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (18.47%), 1942 (16.38%), and 1946 (13.59%).

View price changes for other categories
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Buying power of $20.00 since 1962

Below are calculations of equivalent buying power for Men's and boys' apparel, over time, for $20 beginning in 1962. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1962$20.000.60%
1963$20.251.27%
1964$20.531.36%
1965$20.781.20%
1966$21.332.68%
1967$22.103.61%
1968$23.375.71%
1969$24.886.46%
1970$25.894.08%
1971$26.602.75%
1972$26.961.33%
1973$27.953.69%
1974$30.167.92%
1975$31.454.25%
1976$32.563.56%
1977$34.064.59%
1978$34.792.16%
1979$35.562.21%
1980$37.254.76%
1981$39.255.37%
1982$40.683.64%
1983$41.782.69%
1984$42.541.83%
1985$43.772.88%
1986$44.241.09%
1987$45.482.79%
1988$47.243.88%
1989$48.733.15%
1990$50.162.93%
1991$51.753.18%
1992$52.711.85%
1993$53.120.78%
1994$52.66-0.87%
1995$52.59-0.12%
1996$53.221.19%
1997$54.221.88%
1998$54.921.29%
1999$54.61-0.57%
2000$54.04-1.04%
2001$52.36-3.10%
2002$50.72-3.13%
2003$49.15-3.09%
2004$48.94-0.44%
2005$48.37-1.17%
2006$47.55-1.69%
2007$46.82-1.54%
2008$47.100.59%
2009$47.350.53%
2010$46.63-1.51%
2011$47.792.49%
2012$49.804.21%
2013$50.661.73%
2014$50.25-0.82%
2015$49.84-0.82%
2016$49.51-0.65%
2017$48.85-1.35%
2018$49.210.75%
2019$49.390.37%
2020$47.13-4.57%
2021$48.352.59%
2022$51.025.51%
2023$52.753.41%
2024$53.641.68%*

* 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 Men's and boys' apparel:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI20.80021.10022.20022.10021.70022.10023.20027.00028.30029.70030.90035.10041.58543.90842.72342.48546.00846.23145.91545.66245.15445.87746.56946.39246.33847.14647.71548.00048.60849.26949.86251.20053.04656.07759.70062.13863.84664.69267.07772.39275.46978.15481.73883.50085.34689.40894.20897.638100.262102.100105.038106.185109.146113.377116.954120.385124.208126.500127.485126.377126.223127.723130.123131.808131.062129.692125.669121.731117.969117.454116.085114.123112.368113.032113.628111.914114.698119.530121.593120.601119.615118.834117.231118.106118.538113.116116.042122.440126.611128.736

Adjust men's and boys' apparel prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1962 * 1962 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Men's and boys' apparel was 48.000 in the year 1962 and 128.736 in 2024:

128.736 / 48.000 * $20 = $53.64

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1962 has the same "purchasing power" as $53.64 in 2024 (in the CPI category of Men's and boys' apparel).


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

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