Cosmetics priced at $20 in 1988 $30.38 in 2021

Cosmetics Inflation Calculator

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Prices for Cosmetics, 1988-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cosmetics, perfume, bath, nail preparations and implements were 51.89% higher in 2021 versus 1988 (a $10.38 difference in value).

Between 1988 and 2021: Cosmetics experienced an average inflation rate of 1.27% per year. In other words, cosmetics costing $20 in the year 1988 would cost $30.38 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.43% during this same period, inflation for cosmetics was lower.

In the year 1988: Pricing changed by 3.38%, which is above the average yearly change for cosmetics during the 1988-2021 time period. Compared to inflation for all items in 1988 (4.08%), inflation for cosmetics was lower.

Price Inflation for Cosmetics, perfume, bath, nail preparations and implements since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1981 (8.47%), 1982 (8.43%), and 1980 (8.13%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cosmetics, perfume, bath, nail preparations and implements:

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
CPI 68.400 69.731 74.600 80.662 87.492 94.869 100.646 104.485 108.077 111.938 114.600 118.477 122.992 128.631 134.585 136.469 140.485 144.538 145.238 148.223 151.700 159.285 165.292 166.785 168.123 167.185 167.992 169.508 171.315 173.123 177.001 178.037 183.638 182.171 184.268 186.689 186.364 189.252 188.160 188.828 186.960 186.320 182.827 179.464 179.952

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Buying power of $20 since 1988

Below are calculations of equivalent buying power for Cosmetics, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1988 $20.00 3.38%
1989 $20.76 3.81%
1990 $21.71 4.58%
1991 $22.72 4.63%
1992 $23.04 1.40%
1993 $23.72 2.94%
1994 $24.40 2.89%
1995 $24.52 0.48%
1996 $25.02 2.05%
1997 $25.61 2.35%
1998 $26.89 5.00%
1999 $27.90 3.77%
2000 $28.15 0.90%
2001 $28.38 0.80%
2002 $28.22 -0.56%
2003 $28.36 0.48%
2004 $28.61 0.90%
2005 $28.92 1.07%
2006 $29.22 1.06%
2007 $29.88 2.24%
2008 $30.05 0.59%
2009 $31.00 3.15%
2010 $30.75 -0.80%
2011 $31.11 1.15%
2012 $31.51 1.31%
2013 $31.46 -0.17%
2014 $31.95 1.55%
2015 $31.76 -0.58%
2016 $31.88 0.36%
2017 $31.56 -0.99%
2018 $31.45 -0.34%
2019 $30.86 -1.87%
2020 $30.30 -1.84%
2021 $30.38 0.27%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for cosmetics, 1988-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1988 * 1988 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Cosmetics, perfume, bath, nail preparations and implements was 118.477 in the year 1988 and 179.952 in 2021:

179.952 / 118.477 * $20 = $30.38

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1988 has the same "purchasing power" as $30.38 in 2021 (in the CPI category of Cosmetics, perfume, bath, nail preparations and implements).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Cosmetics, perfume, bath, nail preparations and implements in 1977. In addition to cosmetics, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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