According to the U.S. Bureau of Labor Statistics, prices for women's footwear were 5.39% lower in 2021 versus 2016 (a $1.08 difference in value).
Between 2016 and 2021: Women's footwear experienced an average inflation rate of -1.10% per year. In other words, women's footwear costing $20 in the year 2016 would cost $18.92 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.86% during this same period, inflation for women's footwear was lower.
In the year 2016: Pricing changed by -0.22%, which is above the average yearly change for women's footwear during the 2016-2021 time period. Compared to inflation for all items in 2016 (1.26%), inflation for women's footwear was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Women's footwear:
Below are calculations of equivalent buying power for Women's footwear, 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|