Men's pants and shorts priced at $20 in 2003 $24.27 in 2024

Men's Pants And Shorts Inflation Calculator

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Prices for Men's Pants And Shorts, 2003-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for men's pants and shorts are 21.34% higher in 2024 versus 2003 (a $4.27 difference in value).

Between 2003 and 2024: Men's pants and shorts experienced an average inflation rate of 0.93% per year. In other words, men's pants and shorts costing $20 in the year 2003 would cost $24.27 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for men's pants and shorts was lower.

In the year 2003: Pricing changed by -5.91%, which is significantly below the average yearly change for men's pants and shorts during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for men's pants and shorts was much lower.

Price Inflation for Men's pants and shorts since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2021 (7.15%), 1981 (5.97%), and 2003 (-5.91%).

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Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for Men's pants and shorts, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.00-5.91%
2004$19.50-2.49%
2005$19.801.52%
2006$19.40-2.00%
2007$19.31-0.49%
2008$19.681.96%
2009$19.820.67%
2010$19.29-2.63%
2011$20.154.45%
2012$21.154.96%
2013$21.310.75%
2014$21.21-0.48%
2015$21.842.98%
2016$21.21-2.89%
2017$21.16-0.22%
2018$20.91-1.17%
2019$20.74-0.83%
2020$20.760.13%
2021$22.257.15%
2022$22.551.34%
2023$23.775.45%
2024$24.272.08%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


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

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI89.20088.60088.64689.44694.78598.392100.262101.354104.777104.338107.738112.538117.223119.938124.269127.700127.223127.715127.562130.454131.531132.115132.592130.177124.354119.962112.869110.054111.723109.485108.949111.088111.827108.883113.725119.363120.257119.682123.246119.683119.415118.015117.035117.183125.564127.242134.172136.959

Adjust men's pants and shorts prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2003 * 2003 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Men's pants and shorts was 112.869 in the year 2003 and 136.959 in 2024:

136.959 / 112.869 * $20 = $24.27

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $24.27 in 2024 (in the CPI category of Men's pants and shorts).


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

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