Men's shirts and sweaters priced at $20 in 2001 $16.47 in 2022

Men's Shirts And Sweaters Inflation Calculator

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Prices for Men's Shirts And Sweaters, 2001-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for men's shirts and sweaters are 17.64% lower in 2022 versus 2001 (a $3.53 difference in value).

Between 2001 and 2022: Men's shirts and sweaters experienced an average inflation rate of -0.92% per year. In other words, men's shirts and sweaters costing $20 in the year 2001 would cost $16.47 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.32% during this same period, inflation for men's shirts and sweaters was significantly lower.

In the year 2001: Pricing changed by -4.47%, which is significantly below the average yearly change for men's shirts and sweaters during the 2001-2022 time period. Compared to inflation for all items in 2001 (2.83%), inflation for men's shirts and sweaters was much lower.

Price Inflation for Men's shirts and sweaters since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (8.77%), 2020 (-7.47%), and 2002 (-5.43%).

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Buying power of $20.00 since 2001

Below are calculations of equivalent buying power for Men's shirts and sweaters, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2001 $20.00 -4.47%
2002 $18.91 -5.43%
2003 $18.14 -4.10%
2004 $18.16 0.11%
2005 $17.93 -1.24%
2006 $18.03 0.53%
2007 $17.57 -2.54%
2008 $17.13 -2.53%
2009 $17.24 0.65%
2010 $16.74 -2.87%
2011 $16.95 1.20%
2012 $17.51 3.32%
2013 $17.65 0.79%
2014 $17.24 -2.30%
2015 $16.92 -1.83%
2016 $16.94 0.07%
2017 $16.73 -1.22%
2018 $16.64 -0.52%
2019 $16.24 -2.42%
2020 $15.03 -7.47%
2021 $15.14 0.77%
2022 $16.47 8.77%*
* Not final. See inflation summary for latest details.

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

Year 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 2022
CPI 100.000 99.969 98.569 98.323 93.931 88.831 85.192 85.285 84.231 84.677 82.530 80.444 80.968 78.642 79.583 82.224 82.876 80.973 79.487 79.542 78.575 78.169 76.278 70.579 71.126 77.363

Adjust men's shirts and sweaters prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2001 * 2001 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Men's shirts and sweaters was 93.931 in the year 2001 and 77.363 in 2022:

77.363 / 93.931 * $20 = $16.47

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $16.47 in 2022 (in the CPI category of Men's shirts and sweaters).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Men's shirts and sweaters in 1997. In addition to men's shirts and sweaters, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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