According to the U.S. Bureau of Labor Statistics, prices for men's footwear were 1.87% lower in 2020 versus 2019 (a $0.37 difference in value).
Between 2019 and 2020: Men's footwear experienced an average inflation rate of -1.87% per year. In other words, men's footwear costing $20 in the year 2019 would cost $19.63 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.03% during this same period, inflation for men's footwear was lower.
In the year 2019: Pricing changed by 0.35%, which is above the average yearly change for men's footwear during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), 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 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|