Cosmetics priced at $20 in 2008 $21.37 in 2024

Cosmetics Inflation Calculator


Prices for Cosmetics, 2008-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for cosmetics, perfume, bath, nail preparations and implements are 6.85% higher in 2024 versus 2008 (a $1.37 difference in value).

Between 2008 and 2024: Cosmetics experienced an average inflation rate of 0.42% per year. In other words, cosmetics costing $20 in the year 2008 would cost $21.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.35% during this same period, inflation for cosmetics was lower.

In the year 2008: Pricing changed by 0.59%, which is above the average yearly change for cosmetics during the 2008-2024 time period. Compared to inflation for all items in 2008 (3.84%), inflation for cosmetics was much 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 2008

Below are calculations of equivalent buying power for Cosmetics, over time, for $20 beginning in 2008. 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 Cosmetics, perfume, bath, nail preparations and implements:


Adjust cosmetics prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2008 * 2008 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Cosmetics, perfume, bath, nail preparations and implements was 178.037 in the year 2008 and 190.241 in 2024:

190.241 / 178.037 * $20 = $21.37

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2008 has the same "purchasing power" as $21.37 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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