According to the U.S. Bureau of Labor Statistics, prices for men's shirts and sweaters are 4.46% lower in 2022 versus 2014 (a $0.89 difference in value).
Between 2014 and 2022: Men's shirts and sweaters experienced an average inflation rate of -0.57% per year. In other words, men's shirts and sweaters costing $20 in the year 2014 would cost $19.11 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.42% during this same period, inflation for men's shirts and sweaters was lower.
In the year 2014: Pricing changed by -2.30%, which is below the average yearly change for men's shirts and sweaters during the 2014-2022 time period. Compared to inflation for all items in 2014 (1.62%), inflation for men's shirts and sweaters was much lower.
Below are calculations of equivalent buying power for Men's shirts and sweaters, 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|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Men's shirts and sweaters: