Women's footwear priced at $20 in 2002 $22.26 in 2024

Women's Footwear Inflation Calculator

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Prices for Women's Footwear, 2002-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for women's footwear are 11.32% higher in 2024 versus 2002 (a $2.26 difference in value).

Between 2002 and 2024: Women's footwear experienced an average inflation rate of 0.49% per year. In other words, women's footwear costing $20 in the year 2002 would cost $22.26 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for women's footwear was lower.

In the year 2002: Pricing changed by -1.57%, which is below the average yearly change for women's footwear during the 2002-2024 time period. Compared to inflation for all items in 2002 (1.59%), 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 2002

Below are calculations of equivalent buying power for Women's footwear, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$20.00-1.57%
2003$19.91-0.47%
2004$19.90-0.01%
2005$20.482.91%
2006$20.650.80%
2007$20.59-0.29%
2008$20.600.08%
2009$20.740.68%
2010$21.061.54%
2011$20.79-1.30%
2012$21.382.85%
2013$21.912.51%
2014$21.51-1.84%
2015$21.660.71%
2016$21.62-0.22%
2017$21.37-1.15%
2018$20.99-1.77%
2019$20.87-0.55%
2020$20.26-2.92%
2021$20.923.24%
2022$21.944.89%
2023$22.171.05%
2024$22.260.40%*

* 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:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI79.60081.74686.88592.17796.80099.85499.992100.169100.92398.500100.946104.500109.008110.600114.554119.700122.008120.415119.369121.031121.969123.108121.508119.623120.877118.985118.423118.408121.854122.823122.465122.562123.396125.293123.661127.188130.374127.972128.884128.604127.125124.871124.185120.559124.462130.551131.923132.450

Adjust women's footwear prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2002 * 2002 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Women's footwear was 118.985 in the year 2002 and 132.450 in 2024:

132.450 / 118.985 * $20 = $22.26

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $22.26 in 2024 (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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