Men's shirts and sweaters priced at $20 in 2015 $17.75 in 2020

Men's Shirts And Sweaters Inflation Calculator

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Prices for Men's Shirts And Sweaters, 2015-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for men's shirts and sweaters were 11.25% lower in 2020 versus 2015 (a $2.25 difference in value).

Between 2015 and 2020: Men's shirts and sweaters experienced an average inflation rate of -2.36% per year. This rate of change indicates significant deflation. In other words, men's shirts and sweaters costing $20 in the year 2015 would cost $17.75 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.75% during this same period, inflation for men's shirts and sweaters was significantly lower.

In the year 2015: Pricing changed by -1.86%, which is above the average yearly change for men's shirts and sweaters during the 2015-2020 time period. Compared to inflation for all items in 2015 (0.12%), inflation for men's shirts and sweaters was lower.

Price Inflation for Men's shirts and sweaters since 1998

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2020 (-7.49%), 2002 (-5.41%), and 2001 (-4.43%).

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

Year 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 99.983 98.558 98.267 93.917 88.833 85.208 85.367 84.292 84.675 82.538 80.425 80.954 78.630 79.568 82.246 82.918 81.048 79.539 79.619 78.662 78.212 76.306 70.593

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Buying power of $20 since 2015

Below are calculations of equivalent buying power for Men's shirts and sweaters, over time, for $20 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2015 $20.00 -1.86%
2016 $20.02 0.10%
2017 $19.78 -1.20%
2018 $19.67 -0.57%
2019 $19.19 -2.44%
2020 $17.75 -7.49%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for men's shirts and sweaters, 2015-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2015 * 2015 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Men's shirts and sweaters was 79.539 in the year 2015 and 70.593 in 2020:

70.593 / 79.539 * $20 = $17.75

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2015 has the same "purchasing power" as $17.75 in 2020 (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 1998. 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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