Women's footwear priced at $20 in 1984 $26.40 in 2023

Women's Footwear Inflation Calculator

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Prices for Women's Footwear, 1984-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for women's footwear are 32.01% higher in 2023 versus 1984 (a $6.40 difference in value).

Between 1984 and 2023: Women's footwear experienced an average inflation rate of 0.71% per year. In other words, women's footwear costing $20 in the year 1984 would cost $26.40 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.79% during this same period, inflation for women's footwear was lower.

In the year 1984: Pricing changed by 0.18%, which is below the average yearly change for women's footwear during the 1984-2023 time period. Compared to inflation for all items in 1984 (4.30%), inflation for women's footwear was much lower.

Price Inflation for Women's footwear since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (6.29%), 1980 (6.09%), and 1981 (5.02%).

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Buying power of $20.00 since 1984

Below are calculations of equivalent buying power for Women's footwear, over time, for $20 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1984$20.000.18%
1985$20.150.75%
1986$19.67-2.40%
1987$20.162.48%
1988$20.863.52%
1989$21.764.31%
1990$22.081.46%
1991$22.873.57%
1992$23.904.49%
1993$24.361.93%
1994$24.04-1.31%
1995$23.83-0.87%
1996$24.171.39%
1997$24.350.78%
1998$24.580.93%
1999$24.26-1.30%
2000$23.88-1.55%
2001$24.131.05%
2002$23.76-1.57%
2003$23.64-0.47%
2004$23.64-0.01%
2005$24.332.91%
2006$24.520.80%
2007$24.45-0.29%
2008$24.470.08%
2009$24.640.68%
2010$25.021.54%
2011$24.69-1.30%
2012$25.392.85%
2013$26.032.51%
2014$25.55-1.84%
2015$25.730.71%
2016$25.68-0.22%
2017$25.38-1.15%
2018$24.93-1.77%
2019$24.80-0.55%
2020$24.07-2.92%
2021$24.853.24%
2022$26.074.89%
2023$26.401.29%*

* 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 Women's footwear:

Year19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI79.60081.74686.88592.17796.80099.85499.992100.169100.92398.500100.946104.500109.008110.600114.554119.700122.008120.415119.369121.031121.969123.108121.508119.623120.877118.985118.423118.408121.854122.823122.465122.562123.396125.293123.661127.188130.374127.972128.884128.604127.125124.871124.185120.559124.462130.551132.235

Adjust women's footwear prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1984 * 1984 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Women's footwear was 100.169 in the year 1984 and 132.235 in 2023:

132.235 / 100.169 * $20 = $26.40

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1984 has the same "purchasing power" as $26.40 in 2023 (in the CPI category of Women's footwear).


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

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