Women's footwear priced at $20 in 2016 $20.46 in 2023

Women's Footwear Inflation Calculator


Prices for Women's Footwear, 2016-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for women's footwear are 2.32% higher in 2023 versus 2016 (a $0.46 difference in value).

Between 2016 and 2023: Women's footwear experienced an average inflation rate of 0.33% per year. In other words, women's footwear costing $20 in the year 2016 would cost $20.46 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.40% during this same period, inflation for women's footwear was significantly lower.

In the year 2016: Pricing changed by -0.22%, which is below the average yearly change for women's footwear during the 2016-2023 time period. Compared to inflation for all items in 2016 (1.26%), inflation for women's footwear was 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 2016

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:

YearUSD ValueInflation Rate

* 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:


Adjust women's footwear prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2016 * 2016 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Women's footwear was 128.604 in the year 2016 and 131.586 in 2023:

131.586 / 128.604 * $20 = $20.46

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $20.46 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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