According to the U.S. Bureau of Labor Statistics, prices for cosmetics, perfume, bath, nail preparations and implements were 1.40% lower in 2020 versus 2019 (a $0.28 difference in value).
Between 2019 and 2020: Cosmetics experienced an average inflation rate of -1.40% per year. In other words, cosmetics costing $20 in the year 2019 would cost $19.72 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.11% during this same period, inflation for cosmetics was lower.
In the year 2019: Pricing changed by -1.87%, which is below the average yearly change for cosmetics during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for cosmetics was much 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 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|