According to the U.S. Bureau of Labor Statistics, prices for men's and boys' apparel are 13.97% higher in 2024 versus 2020 (a $2.79 difference in value).
Between 2020 and 2024: Men's and boys' apparel experienced an average inflation rate of 3.32% per year. This rate of change indicates significant inflation. In other words, men's and boys' apparel costing $20 in the year 2020 would cost $22.79 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for men's and boys' apparel was lower.
In the year 2020: Pricing changed by -4.57%, which is significantly below the average yearly change for men's and boys' apparel during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for men's and boys' apparel was much lower.
Below are calculations of equivalent buying power for Men's and boys' apparel, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2020 | $20.00 | -4.57% |
2021 | $20.52 | 2.59% |
2022 | $21.65 | 5.51% |
2023 | $22.39 | 3.41% |
2024 | $22.79 | 1.83%* |
* 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:
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 | 20.800 | 21.100 | 22.200 | 22.100 | 21.700 | 22.100 | 23.200 | 27.000 | 28.300 | 29.700 | 30.900 | 35.100 | 41.585 | 43.908 | 42.723 | 42.485 | 46.008 | 46.231 | 45.915 | 45.662 | 45.154 | 45.877 | 46.569 | 46.392 | 46.338 | 47.146 | 47.715 | 48.000 | 48.608 | 49.269 | 49.862 | 51.200 | 53.046 | 56.077 | 59.700 | 62.138 | 63.846 | 64.692 | 67.077 | 72.392 | 75.469 | 78.154 | 81.738 | 83.500 | 85.346 | 89.408 | 94.208 | 97.638 | 100.262 | 102.100 | 105.038 | 106.185 | 109.146 | 113.377 | 116.954 | 120.385 | 124.208 | 126.500 | 127.485 | 126.377 | 126.223 | 127.723 | 130.123 | 131.808 | 131.062 | 129.692 | 125.669 | 121.731 | 117.969 | 117.454 | 116.085 | 114.123 | 112.368 | 113.032 | 113.628 | 111.914 | 114.698 | 119.530 | 121.593 | 120.601 | 119.615 | 118.834 | 117.231 | 118.106 | 118.538 | 113.116 | 116.042 | 122.440 | 126.611 | 128.923 |