The average price of a pair of sneakers has risen by almost 60 percent since 2014, according to new research from the US footwear market research firm Foot Locker.
According to data collected by Foot Locks, the average price for a pair is $250, and a pair costs around $60.
However, the research firm also found that the average pair of shoes has also increased by almost $25 in price over the same time period.
The average retail price for footwear in the US rose from $70 to $130 in the first half of 2018, according the data.
The researchers say the average retail value of footwear in 2018 was approximately $6,000, a $2,000 increase from the same period last year.
According to Foot Lock, the footwear industry is a lucrative one, and the demand for the shoes is “growing exponentially.”
In fact, Foot Locked says that the industry is expected to see a $7.3 billion revenue in 2019, and $7 billion in 2020.
However there is also some uncertainty in the footwear market, with the US economy struggling to recover from the 2016 financial crisis.