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*:

Year |
2018 | 2019 | 2020 |

CPI |
139.730 | 140.218 | 137.601 |

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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 |
---|---|---|

2018 | $20.00 | - |

2019 | $20.07 | 0.35% |

2020 | $19.70 | -1.87%* |

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Men's footwear was 139.730 in the year 2018 and 137.601 in 2020:

137.601 / 139.730 * $20 =

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $19.70 in 2020 (in the CPI category of Men's footwear).