According to the U.S. Bureau of Labor Statistics, prices for men's shirts and sweaters are 3.16% higher in 2024 versus 2016 (a $0.63 difference in value).
Between 2016 and 2024: Men's shirts and sweaters experienced an average inflation rate of 0.39% per year. In other words, men's shirts and sweaters costing $20 in the year 2016 would cost $20.63 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for men's shirts and sweaters was lower.
In the year 2016: Pricing changed by 0.07%, which is below the average yearly change for men's shirts and sweaters during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for men's shirts and sweaters was lower.
Below are calculations of equivalent buying power for Men's shirts and sweaters, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $20.00 | 0.07% |
| 2017 | $19.76 | -1.22% |
| 2018 | $19.65 | -0.52% |
| 2019 | $19.18 | -2.42% |
| 2020 | $17.75 | -7.47% |
| 2021 | $17.88 | 0.77% |
| 2022 | $19.13 | 6.98% |
| 2023 | $19.75 | 3.20% |
| 2024 | $20.63 | 4.49%* |
* 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 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 | 2023 | 2024 |
| 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 | 76.093 | 78.529 | 82.056 |