Men's footwear priced at $20 in 2007 $24.72 in 2022

Men's Footwear Inflation Calculator


Prices for Men's Footwear, 2007-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for men's footwear are 23.61% higher in 2022 versus 2007 (a $4.72 difference in value).

Between 2007 and 2022: Men's footwear experienced an average inflation rate of 1.42% per year. In other words, men's footwear costing $20 in the year 2007 would cost $24.72 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.25% during this same period, inflation for men's footwear was lower.

In the year 2007: Pricing changed by -2.10%, which is significantly below the average yearly change for men's footwear during the 2007-2022 time period. Compared to inflation for all items in 2007 (2.85%), inflation for men's footwear was much lower.

Price Inflation for Men's footwear since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (9.70%), 1980 (7.61%), and 1988 (5.90%).

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Buying power of $20.00 since 2007

Below are calculations of equivalent buying power for Men's footwear, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Men's footwear:


Adjust men's footwear prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2007 * 2007 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Men's footwear was 120.879 in the year 2007 and 149.416 in 2022:

149.416 / 120.879 * $20 = $24.72

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2007 has the same "purchasing power" as $24.72 in 2022 (in the CPI category of Men's footwear).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Men's footwear in 1977. In addition to men's footwear, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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