Men's footwear priced at $20 in 2014 $20.54 in 2021

Men's Footwear Inflation Calculator

$

Prices for Men's Footwear, 2014-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for men's footwear were 2.70% higher in 2021 versus 2014 (a $0.54 difference in value).

Between 2014 and 2021: Men's footwear experienced an average inflation rate of 0.38% per year. In other words, men's footwear costing $20 in the year 2014 would cost $20.54 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for men's footwear was lower.

In the year 2014: Pricing changed by 0.93%, which is above the average yearly change for men's footwear during the 2014-2021 time period. Compared to inflation for all items in 2014 (1.62%), inflation for men's footwear was 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%).

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

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
CPI 74.600 76.677 84.115 90.515 95.215 98.392 99.631 101.954 103.923 105.938 109.692 116.169 120.323 124.531 128.869 133.138 132.669 133.200 134.415 132.000 132.100 131.823 129.538 129.477 125.615 125.931 120.669 119.731 121.338 123.477 120.879 122.932 126.425 127.556 129.191 133.423 136.765 138.033 137.860 138.799 138.617 139.730 140.218 137.702 141.754

View price changes for other categories
Alcoholic beverages · Detroit, Michigan · Wine at home · Minneapolis-St Paul, Minnesota · More

Buying power of $20 since 2014

Below are calculations of equivalent buying power for Men's footwear, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2014 $20.00 0.93%
2015 $19.98 -0.12%
2016 $20.11 0.68%
2017 $20.08 -0.13%
2018 $20.25 0.80%
2019 $20.32 0.35%
2020 $19.95 -1.79%
2021 $20.54 2.94%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for men's footwear, 2014-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2014 * 2014 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Men's footwear was 138.033 in the year 2014 and 141.754 in 2021:

141.754 / 138.033 * $20 = $20.54

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2014 has the same "purchasing power" as $20.54 in 2021 (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.

» Read more about inflation and investment.