According to the U.S. Bureau of Labor Statistics, prices for hair, dental, shaving, and miscellaneous personal care products are 17.92% higher in 2024 versus 2016 (a $3.58 difference in value).
Between 2016 and 2024: Personal care products experienced an average inflation rate of 2.08% per year. This rate of change indicates significant inflation. In other words, personal care products costing $20 in the year 2016 would cost $23.58 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.40% during this same period, inflation for personal care products was lower.
In the year 2016: Pricing changed by -0.60%, which is below the average yearly change for personal care products during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for personal care products was lower.
Below are calculations of equivalent buying power for Personal care products, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $20.00 | -0.60% |
| 2017 | $19.85 | -0.73% |
| 2018 | $19.85 | 0.00% |
| 2019 | $19.99 | 0.67% |
| 2020 | $20.13 | 0.74% |
| 2021 | $20.14 | 0.04% |
| 2022 | $21.37 | 6.08% |
| 2023 | $22.99 | 7.58% |
| 2024 | $23.58 | 2.59%* |
* 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 Hair, dental, shaving, and miscellaneous personal care products:
| Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 100.700 | 101.615 | 103.254 | 104.354 | 104.423 | 102.462 | 102.100 | 101.754 | 102.554 | 103.606 | 104.299 | 105.371 | 104.251 | 102.397 | 103.111 | 102.820 | 103.364 | 103.701 | 103.084 | 102.332 | 102.335 | 103.021 | 103.779 | 103.822 | 110.134 | 118.486 | 121.559 |