Women's footwear priced at $20 in 1984 $24.29 in 2021

Women's Footwear Inflation Calculator

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Prices for Women's Footwear, 1984-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for women's footwear were 21.47% higher in 2021 versus 1984 (a $4.29 difference in value).

Between 1984 and 2021: Women's footwear experienced an average inflation rate of 0.53% per year. In other words, women's footwear costing $20 in the year 1984 would cost $24.29 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.54% 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 1984-2021 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%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Women's footwear:

Year 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 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
CPI 79.600 81.746 86.885 92.177 96.800 99.854 99.992 100.169 100.923 98.500 100.946 104.500 109.008 110.600 114.554 119.700 122.008 120.415 119.369 121.031 121.969 123.108 121.508 119.623 120.877 118.985 118.423 118.408 121.854 122.823 122.465 122.562 123.396 125.293 123.661 127.188 130.374 127.972 128.884 128.604 127.125 124.871 124.185 120.559 121.676

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Buying power of $20 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:

Year USD Value Inflation Rate
1984 $20.00 0.18%
1985 $20.15 0.75%
1986 $19.67 -2.40%
1987 $20.16 2.48%
1988 $20.86 3.52%
1989 $21.76 4.31%
1990 $22.08 1.46%
1991 $22.87 3.57%
1992 $23.90 4.49%
1993 $24.36 1.93%
1994 $24.04 -1.31%
1995 $23.83 -0.87%
1996 $24.17 1.39%
1997 $24.35 0.78%
1998 $24.58 0.93%
1999 $24.26 -1.30%
2000 $23.88 -1.55%
2001 $24.13 1.05%
2002 $23.76 -1.57%
2003 $23.64 -0.47%
2004 $23.64 -0.01%
2005 $24.33 2.91%
2006 $24.52 0.80%
2007 $24.45 -0.29%
2008 $24.47 0.08%
2009 $24.64 0.68%
2010 $25.02 1.54%
2011 $24.69 -1.30%
2012 $25.39 2.85%
2013 $26.03 2.51%
2014 $25.55 -1.84%
2015 $25.73 0.71%
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 $24.29 0.93%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for women's footwear, 1984-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1984 * 1984 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Women's footwear was 100.169 in the year 1984 and 121.676 in 2021:

121.676 / 100.169 * $20 = $24.29

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1984 has the same "purchasing power" as $24.29 in 2021 (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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