According to the U.S. Bureau of Labor Statistics, prices for haircuts and other personal care services were 5.42% higher in 2022 versus 2021 (a $2.87 difference in value).
Between 2021 and 2022: Haircuts experienced an average inflation rate of 5.42% per year. This rate of change indicates significant inflation. In other words, haircuts costing $53 in the year 2021 would cost $55.87 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 8.00% during this same period, inflation for haircuts was lower.
In the year 2021: Pricing changed by 5.07%, which is below the average yearly change for haircuts during the 2021-2022 time period. Compared to inflation for all items in 2021 (4.70%), inflation for haircuts was higher.
Below are calculations of equivalent buying power for Haircuts, over time, for $53 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2021 | $53.00 | 5.07% |
| 2022 | $55.87 | 5.42% |
| 2023 | $58.59 | 4.87% |
| 2024 | $60.04 | 2.48%* |
* 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 Haircuts and other personal care services:
| 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 | 101.292 | 104.585 | 108.692 | 112.469 | 114.931 | 117.877 | 120.569 | 124.385 | 127.915 | 132.136 | 136.475 | 138.866 | 140.102 | 140.826 | 142.916 | 145.702 | 147.659 | 150.813 | 154.309 | 157.038 | 161.216 | 165.570 | 172.782 | 181.548 | 191.383 | 200.697 | 205.673 |