According to the U.S. Bureau of Labor Statistics, prices for cosmetics, perfume, bath, nail preparations and implements are 1.69% lower in 2022 versus 2019 (a $0.34 difference in value).
Between 2019 and 2022: Cosmetics experienced an average inflation rate of -0.57% per year. In other words, cosmetics costing $20 in the year 2019 would cost $19.66 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 4.23% during this same period, inflation for cosmetics was significantly lower.
In the year 2019: Pricing changed by -1.87%, which is below the average yearly change for cosmetics during the 2019-2022 time period. Compared to inflation for all items in 2019 (1.81%), inflation for cosmetics was much lower.
Below are calculations of equivalent buying power for Cosmetics, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cosmetics, perfume, bath, nail preparations and implements: