According to the U.S. Bureau of Labor Statistics, prices for men's apparel are 2.40% lower in 2024 versus 1998 (a $0.48 difference in value).
Between 1998 and 2024: Men's apparel experienced an average inflation rate of -0.09% per year. In other words, men's apparel costing $20 in the year 1998 would cost $19.52 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for men's apparel was lower.
In the year 1998: Pricing changed by 1.38%, which is above the average yearly change for men's apparel during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for men's apparel was lower.
Below are calculations of equivalent buying power for Men's apparel, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 1.38% |
| 1999 | $19.94 | -0.31% |
| 2000 | $19.73 | -1.04% |
| 2001 | $19.10 | -3.18% |
| 2002 | $18.63 | -2.50% |
| 2003 | $18.09 | -2.86% |
| 2004 | $17.99 | -0.58% |
| 2005 | $17.99 | 0.01% |
| 2006 | $17.76 | -1.27% |
| 2007 | $17.52 | -1.38% |
| 2008 | $17.55 | 0.17% |
| 2009 | $17.58 | 0.19% |
| 2010 | $17.41 | -0.94% |
| 2011 | $17.75 | 1.93% |
| 2012 | $18.43 | 3.82% |
| 2013 | $18.78 | 1.88% |
| 2014 | $18.52 | -1.35% |
| 2015 | $18.37 | -0.82% |
| 2016 | $18.18 | -1.06% |
| 2017 | $18.00 | -0.96% |
| 2018 | $17.90 | -0.58% |
| 2019 | $17.82 | -0.41% |
| 2020 | $17.15 | -3.77% |
| 2021 | $17.51 | 2.11% |
| 2022 | $18.56 | 5.99% |
| 2023 | $19.23 | 3.62% |
| 2024 | $19.52 | 1.50%* |
* 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 apparel:
| Year | 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 | 84.300 | 84.146 | 85.515 | 89.315 | 94.162 | 97.777 | 100.169 | 102.038 | 105.100 | 106.408 | 110.385 | 114.915 | 119.100 | 123.092 | 126.992 | 129.077 | 129.838 | 129.000 | 128.423 | 130.500 | 133.108 | 134.938 | 134.515 | 133.123 | 128.892 | 125.669 | 122.077 | 121.369 | 121.377 | 119.831 | 118.176 | 118.380 | 118.608 | 117.493 | 119.763 | 124.332 | 126.674 | 124.970 | 123.950 | 122.635 | 121.452 | 120.745 | 120.248 | 115.718 | 118.156 | 125.229 | 129.763 | 131.706 |