According to the U.S. Bureau of Labor Statistics, prices for men's footwear were 1.52% lower in 2020 versus 2018 (a $0.30 difference in value).
Between 2018 and 2020: Men's footwear experienced an average inflation rate of -0.76% per year. In other words, men's footwear costing $20 in the year 2018 would cost $19.70 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for men's footwear was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Men's footwear:
Below are calculations of equivalent buying power for Men's footwear, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|