Personal care services priced at $20 in 1974 $127.19 in 2024

Personal Care Services Inflation Calculator

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Prices for Personal Care Services, 1974-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for personal care services are 535.96% higher in 2024 versus 1974 (a $107.19 difference in value).

Between 1974 and 2024: Personal care services experienced an average inflation rate of 3.77% per year. This rate of change indicates significant inflation. In other words, personal care services costing $20 in the year 1974 would cost $127.19 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.77% during this same period, inflation for personal care services was higher.

In the year 1974: Pricing changed by 8.34%, which is significantly above the average yearly change for personal care services during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), inflation for personal care services was lower.

Price Inflation for Personal care services since 1952

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (8.50%), 1974 (8.34%), and 1979 (8.17%).

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Buying power of $20.00 since 1974

Below are calculations of equivalent buying power for Personal care services, over time, for $20 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$20.008.34%
1975$21.407.01%
1976$22.977.31%
1977$24.657.32%
1978$26.487.45%
1979$28.658.17%
1980$31.098.50%
1981$33.507.78%
1982$35.515.99%
1983$37.114.51%
1984$38.754.41%
1985$40.424.31%
1986$41.763.31%
1987$43.133.28%
1988$44.793.86%
1989$47.065.06%
1990$49.294.74%
1991$50.873.19%
1992$51.972.17%
1993$53.442.84%
1994$54.902.72%
1995$56.252.46%
1996$58.123.32%
1997$60.273.71%
1998$61.632.26%
1999$63.623.23%
2000$66.133.94%
2001$68.423.47%
2002$69.932.20%
2003$71.712.54%
2004$73.362.29%
2005$75.683.17%
2006$77.832.84%
2007$80.393.29%
2008$83.033.28%
2009$84.481.75%
2010$85.240.89%
2011$85.680.52%
2012$86.951.48%
2013$88.641.95%
2014$89.831.34%
2015$91.752.14%
2016$93.882.32%
2017$95.541.77%
2018$98.082.66%
2019$100.732.70%
2020$105.124.36%
2021$110.455.07%
2022$116.445.42%
2023$122.104.87%
2024$127.194.17%*

* 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:

Year1952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI23.90024.10024.48025.76027.22028.34029.04030.06031.06031.54032.28033.06033.96734.93336.58038.06240.08542.24644.18545.70846.81549.73153.87757.65461.86966.40071.34677.17783.73890.25495.66299.977104.385108.885112.492116.185120.669126.777132.785137.023139.992143.969147.885151.523156.554162.362166.031171.392178.138184.323188.385193.177197.608203.869209.662216.559223.669227.588229.614230.800234.227238.791241.999247.168252.899257.370264.218271.354283.174297.540313.659328.923342.638

Adjust personal care services prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1974 * 1974 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Personal care services was 53.877 in the year 1974 and 342.638 in 2024:

342.638 / 53.877 * $20 = $127.19

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1974 has the same "purchasing power" as $127.19 in 2024 (in the CPI category of Personal care services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Personal care services in 1952. In addition to personal care services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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