According to the U.S. Bureau of Labor Statistics, prices for personal care services are 1,302.36% higher in 2024 versus 1954 (a $260.47 difference in value).
Between 1954 and 2024: Personal care services experienced an average inflation rate of 3.84% per year. This rate of change indicates significant inflation. In other words, personal care services costing $20 in the year 1954 would cost $280.47 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.57% during this same period, inflation for personal care services was higher.
In the year 1954: Pricing changed by 1.58%, which is below the average yearly change for personal care services during the 1954-2024 time period. Compared to inflation for all items in 1954 (0.34%), inflation for personal care services was higher.
Below are calculations of equivalent buying power for Personal care services, over time, for $20 beginning in 1954. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1954 | $20.00 | 1.58% |
1955 | $21.05 | 5.23% |
1956 | $22.24 | 5.67% |
1957 | $23.15 | 4.11% |
1958 | $23.73 | 2.47% |
1959 | $24.56 | 3.51% |
1960 | $25.38 | 3.33% |
1961 | $25.77 | 1.55% |
1962 | $26.37 | 2.35% |
1963 | $27.01 | 2.42% |
1964 | $27.75 | 2.74% |
1965 | $28.54 | 2.85% |
1966 | $29.89 | 4.71% |
1967 | $31.10 | 4.05% |
1968 | $32.75 | 5.32% |
1969 | $34.51 | 5.39% |
1970 | $36.10 | 4.59% |
1971 | $37.34 | 3.45% |
1972 | $38.25 | 2.42% |
1973 | $40.63 | 6.23% |
1974 | $44.02 | 8.34% |
1975 | $47.10 | 7.01% |
1976 | $50.55 | 7.31% |
1977 | $54.25 | 7.32% |
1978 | $58.29 | 7.45% |
1979 | $63.05 | 8.17% |
1980 | $68.41 | 8.50% |
1981 | $73.74 | 7.78% |
1982 | $78.15 | 5.99% |
1983 | $81.68 | 4.51% |
1984 | $85.28 | 4.41% |
1985 | $88.96 | 4.31% |
1986 | $91.91 | 3.31% |
1987 | $94.92 | 3.28% |
1988 | $98.59 | 3.86% |
1989 | $103.58 | 5.06% |
1990 | $108.48 | 4.74% |
1991 | $111.95 | 3.19% |
1992 | $114.37 | 2.17% |
1993 | $117.62 | 2.84% |
1994 | $120.82 | 2.72% |
1995 | $123.79 | 2.46% |
1996 | $127.90 | 3.32% |
1997 | $132.65 | 3.71% |
1998 | $135.65 | 2.26% |
1999 | $140.03 | 3.23% |
2000 | $145.54 | 3.94% |
2001 | $150.59 | 3.47% |
2002 | $153.91 | 2.20% |
2003 | $157.82 | 2.54% |
2004 | $161.44 | 2.29% |
2005 | $166.56 | 3.17% |
2006 | $171.29 | 2.84% |
2007 | $176.93 | 3.29% |
2008 | $182.74 | 3.28% |
2009 | $185.94 | 1.75% |
2010 | $187.59 | 0.89% |
2011 | $188.56 | 0.52% |
2012 | $191.36 | 1.48% |
2013 | $195.09 | 1.95% |
2014 | $197.71 | 1.34% |
2015 | $201.93 | 2.14% |
2016 | $206.62 | 2.32% |
2017 | $210.27 | 1.77% |
2018 | $215.86 | 2.66% |
2019 | $221.69 | 2.70% |
2020 | $231.35 | 4.36% |
2021 | $243.09 | 5.07% |
2022 | $256.26 | 5.42% |
2023 | $268.73 | 4.87% |
2024 | $280.47 | 4.37%* |
* 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 services:
Year | 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 | 23.900 | 24.100 | 24.480 | 25.760 | 27.220 | 28.340 | 29.040 | 30.060 | 31.060 | 31.540 | 32.280 | 33.060 | 33.967 | 34.933 | 36.580 | 38.062 | 40.085 | 42.246 | 44.185 | 45.708 | 46.815 | 49.731 | 53.877 | 57.654 | 61.869 | 66.400 | 71.346 | 77.177 | 83.738 | 90.254 | 95.662 | 99.977 | 104.385 | 108.885 | 112.492 | 116.185 | 120.669 | 126.777 | 132.785 | 137.023 | 139.992 | 143.969 | 147.885 | 151.523 | 156.554 | 162.362 | 166.031 | 171.392 | 178.138 | 184.323 | 188.385 | 193.177 | 197.608 | 203.869 | 209.662 | 216.559 | 223.669 | 227.588 | 229.614 | 230.800 | 234.227 | 238.791 | 241.999 | 247.168 | 252.899 | 257.370 | 264.218 | 271.354 | 283.174 | 297.540 | 313.659 | 328.923 | 343.299 |