According to the U.S. Bureau of Labor Statistics, prices for women's footwear are 7.59% higher in 2024 versus 1998 (a $1.52 difference in value).
Between 1998 and 2024: Women's footwear experienced an average inflation rate of 0.28% per year. In other words, women's footwear costing $20 in the year 1998 would cost $21.52 in 2024 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 1998: Pricing changed by 0.93%, which is above the average yearly change for women's footwear during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for women's footwear was lower.
Below are calculations of equivalent buying power for Women's footwear, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 0.93% |
| 1999 | $19.74 | -1.30% |
| 2000 | $19.43 | -1.55% |
| 2001 | $19.64 | 1.05% |
| 2002 | $19.33 | -1.57% |
| 2003 | $19.24 | -0.47% |
| 2004 | $19.24 | -0.01% |
| 2005 | $19.80 | 2.91% |
| 2006 | $19.95 | 0.80% |
| 2007 | $19.90 | -0.29% |
| 2008 | $19.91 | 0.08% |
| 2009 | $20.05 | 0.68% |
| 2010 | $20.36 | 1.54% |
| 2011 | $20.09 | -1.30% |
| 2012 | $20.66 | 2.85% |
| 2013 | $21.18 | 2.51% |
| 2014 | $20.79 | -1.84% |
| 2015 | $20.94 | 0.71% |
| 2016 | $20.89 | -0.22% |
| 2017 | $20.65 | -1.15% |
| 2018 | $20.29 | -1.77% |
| 2019 | $20.18 | -0.55% |
| 2020 | $19.59 | -2.92% |
| 2021 | $20.22 | 3.24% |
| 2022 | $21.21 | 4.89% |
| 2023 | $21.43 | 1.05% |
| 2024 | $21.52 | 0.40%* |
* 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:
| 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 | 2022 | 2023 | 2024 |
| 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 | 124.462 | 130.551 | 131.923 | 132.450 |