Personal care products priced at $20 in 1998 $24.14 in 2024

Personal Care Products Inflation Calculator

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Prices for Personal Care Products, 1998-2024 ($20)

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.

Price Inflation for Personal care products since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (21.14%), 1975 (12.46%), and 1974 (11.13%).

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Buying power of $20.00 since 1998

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:

YearUSD ValueInflation Rate
1998$20.002.85%
1999$20.472.36%
2000$20.731.24%
2001$20.920.94%
2002$20.87-0.24%
2003$20.71-0.78%
2004$20.750.23%
2005$20.820.32%
2006$21.010.91%
2007$21.351.60%
2008$21.480.64%
2009$21.932.06%
2010$21.72-0.93%
2011$21.65-0.33%
2012$21.871.02%
2013$21.82-0.23%
2014$22.041.02%
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$22.464.26%
2023$23.775.86%
2024$24.141.53%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI22.00022.30023.00023.10022.90022.80023.30025.20025.50026.20026.40027.60033.43334.16032.90032.34035.74034.96034.84034.60034.64035.46036.66037.96038.26038.18038.10038.50038.60038.63338.33338.04038.63839.79241.60042.63144.00045.16946.37751.53857.96261.27764.73168.23172.93879.63887.79295.131100.700104.192107.615111.254113.931118.100123.192128.154132.754136.538139.031141.469143.092144.315144.177148.292151.785153.669155.115154.738153.531153.885154.377155.785158.285159.290162.578161.062160.529162.172161.794163.445163.262163.050161.664161.452160.703160.063159.711166.513176.272178.967

Adjust personal care products prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1998 * 1998 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Personal care products was 148.292 in the year 1998 and 178.967 in 2024:

178.967 / 148.292 * $20 = $24.14

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $24.14 in 2024 (in the CPI category of Personal care products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Personal care products in 1935. In addition to personal care products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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