Personal care products priced at $20 in 2016 $21.95 in 2024

Personal Care Products Inflation Calculator

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Prices for Personal Care Products, 2016-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for personal care products are 9.76% higher in 2024 versus 2016 (a $1.95 difference in value).

Between 2016 and 2024: Personal care products experienced an average inflation rate of 1.17% per year. In other words, personal care products costing $20 in the year 2016 would cost $21.95 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for personal care products was lower.

In the year 2016: Pricing changed by -0.13%, 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.

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 2016

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:

YearUSD ValueInflation Rate
2016$20.00-0.13%
2017$19.83-0.85%
2018$19.80-0.13%
2019$19.71-0.46%
2020$19.63-0.40%
2021$19.59-0.22%
2022$20.424.26%
2023$21.625.86%
2024$21.951.53%*

* 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 2016 * 2016 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Personal care products was 163.050 in the year 2016 and 178.967 in 2024:

178.967 / 163.050 * $20 = $21.95

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $21.95 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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