According to the U.S. Bureau of Labor Statistics, prices for cosmetics, perfume, bath, nail preparations and implements were 4.62% lower in 2020 versus 2015 (a $0.92 difference in value).
Between 2015 and 2020: Cosmetics experienced an average inflation rate of -0.94% per year. In other words, cosmetics costing $20 in the year 2015 would cost $19.08 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.77% during this same period, inflation for cosmetics was lower.
In the year 2015: Pricing changed by -0.58%, which is above the average yearly change for cosmetics during the 2015-2020 time period. Compared to inflation for all items in 2015 (0.12%), inflation for cosmetics was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cosmetics, perfume, bath, nail preparations and implements:
Below are calculations of equivalent buying power for Cosmetics, over time, for $20 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|