According to the U.S. Bureau of Labor Statistics, prices for personal care products are 20.69% higher in 2024 versus 1998 (a $4.14 difference in value).
Between 1998 and 2024: Personal care products experienced an average inflation rate of 0.73% per year. In other words, personal care products costing $20 in the year 1998 would cost $24.14 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for personal care products was lower.
In the year 1998: Pricing changed by 2.85%, which is above the average yearly change for personal care products during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for personal care products was higher.
Below are calculations of equivalent buying power for Personal care products, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | 2.85% |
1999 | $20.47 | 2.36% |
2000 | $20.73 | 1.24% |
2001 | $20.92 | 0.94% |
2002 | $20.87 | -0.24% |
2003 | $20.71 | -0.78% |
2004 | $20.75 | 0.23% |
2005 | $20.82 | 0.32% |
2006 | $21.01 | 0.91% |
2007 | $21.35 | 1.60% |
2008 | $21.48 | 0.64% |
2009 | $21.93 | 2.06% |
2010 | $21.72 | -0.93% |
2011 | $21.65 | -0.33% |
2012 | $21.87 | 1.02% |
2013 | $21.82 | -0.23% |
2014 | $22.04 | 1.02% |
2015 | $22.02 | -0.11% |
2016 | $21.99 | -0.13% |
2017 | $21.80 | -0.85% |
2018 | $21.77 | -0.13% |
2019 | $21.67 | -0.46% |
2020 | $21.59 | -0.40% |
2021 | $21.54 | -0.22% |
2022 | $22.46 | 4.26% |
2023 | $23.77 | 5.86% |
2024 | $24.14 | 1.53%* |
* 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 Personal care products:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 22.000 | 22.300 | 23.000 | 23.100 | 22.900 | 22.800 | 23.300 | 25.200 | 25.500 | 26.200 | 26.400 | 27.600 | 33.433 | 34.160 | 32.900 | 32.340 | 35.740 | 34.960 | 34.840 | 34.600 | 34.640 | 35.460 | 36.660 | 37.960 | 38.260 | 38.180 | 38.100 | 38.500 | 38.600 | 38.633 | 38.333 | 38.040 | 38.638 | 39.792 | 41.600 | 42.631 | 44.000 | 45.169 | 46.377 | 51.538 | 57.962 | 61.277 | 64.731 | 68.231 | 72.938 | 79.638 | 87.792 | 95.131 | 100.700 | 104.192 | 107.615 | 111.254 | 113.931 | 118.100 | 123.192 | 128.154 | 132.754 | 136.538 | 139.031 | 141.469 | 143.092 | 144.315 | 144.177 | 148.292 | 151.785 | 153.669 | 155.115 | 154.738 | 153.531 | 153.885 | 154.377 | 155.785 | 158.285 | 159.290 | 162.578 | 161.062 | 160.529 | 162.172 | 161.794 | 163.445 | 163.262 | 163.050 | 161.664 | 161.452 | 160.703 | 160.063 | 159.711 | 166.513 | 176.272 | 178.967 |