According to the U.S. Bureau of Labor Statistics, prices for men's footwear were 4.72% higher in 2021 versus 2013 (a $0.94 difference in value).
Between 2013 and 2021: Men's footwear experienced an average inflation rate of 0.58% per year. In other words, men's footwear costing $20 in the year 2013 would cost $20.94 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.68% during this same period, inflation for men's footwear was lower.
In the year 2013: Pricing changed by 2.51%, which is above the average yearly change for men's footwear during the 2013-2021 time period. Compared to inflation for all items in 2013 (1.46%), inflation for men's footwear was higher.
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 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|