Cosmetics priced at $20 in 2003 $22.68 in 2024

Cosmetics Inflation Calculator

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Prices for Cosmetics, 2003-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cosmetics, perfume, bath, nail preparations and implements are 13.41% higher in 2024 versus 2003 (a $2.68 difference in value).

Between 2003 and 2024: Cosmetics experienced an average inflation rate of 0.60% per year. In other words, cosmetics costing $20 in the year 2003 would cost $22.68 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for cosmetics was lower.

In the year 2003: Pricing changed by 0.48%, which is below the average yearly change for cosmetics during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), 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%).

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Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for Cosmetics, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.000.48%
2004$20.180.90%
2005$20.401.07%
2006$20.611.06%
2007$21.072.24%
2008$21.200.59%
2009$21.863.15%
2010$21.69-0.80%
2011$21.941.15%
2012$22.231.31%
2013$22.19-0.17%
2014$22.531.55%
2015$22.40-0.58%
2016$22.480.36%
2017$22.26-0.99%
2018$22.18-0.34%
2019$21.77-1.87%
2020$21.37-1.84%
2021$21.25-0.54%
2022$21.722.21%
2023$22.594.01%
2024$22.680.39%*

* 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 Cosmetics, perfume, bath, nail preparations and implements:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI68.40069.73174.60080.66287.49294.869100.646104.485108.077111.938114.600118.477122.992128.631134.585136.469140.485144.538145.238148.223151.700159.285165.292166.785168.123167.185167.992169.508171.315173.123177.001178.037183.638182.171184.268186.689186.364189.252188.160188.828186.960186.320182.827179.464178.504182.450189.773190.516

Adjust cosmetics prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2003 * 2003 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Cosmetics, perfume, bath, nail preparations and implements was 167.992 in the year 2003 and 190.516 in 2024:

190.516 / 167.992 * $20 = $22.68

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $22.68 in 2024 (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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