According to the U.S. Bureau of Labor Statistics, prices for personal care services are 132.14% higher in 2024 versus 1994 (a $26.43 difference in value).
Between 1994 and 2024: Personal care services experienced an average inflation rate of 2.85% per year. This rate of change indicates significant inflation. In other words, personal care services costing $20 in the year 1994 would cost $46.43 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for personal care services was higher.
In the year 1994: Pricing changed by 2.72%, which is below the average yearly change for personal care services during the 1994-2024 time period. Compared to inflation for all items in 1994 (2.60%), inflation for personal care services was higher.
Below are calculations of equivalent buying power for Personal care services, over time, for $20 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1994 | $20.00 | 2.72% |
1995 | $20.49 | 2.46% |
1996 | $21.17 | 3.32% |
1997 | $21.96 | 3.71% |
1998 | $22.45 | 2.26% |
1999 | $23.18 | 3.23% |
2000 | $24.09 | 3.94% |
2001 | $24.93 | 3.47% |
2002 | $25.48 | 2.20% |
2003 | $26.13 | 2.54% |
2004 | $26.72 | 2.29% |
2005 | $27.57 | 3.17% |
2006 | $28.35 | 2.84% |
2007 | $29.29 | 3.29% |
2008 | $30.25 | 3.28% |
2009 | $30.78 | 1.75% |
2010 | $31.05 | 0.89% |
2011 | $31.21 | 0.52% |
2012 | $31.68 | 1.48% |
2013 | $32.29 | 1.95% |
2014 | $32.73 | 1.34% |
2015 | $33.43 | 2.14% |
2016 | $34.20 | 2.32% |
2017 | $34.81 | 1.77% |
2018 | $35.73 | 2.66% |
2019 | $36.70 | 2.70% |
2020 | $38.30 | 4.36% |
2021 | $40.24 | 5.07% |
2022 | $42.42 | 5.42% |
2023 | $44.48 | 4.87% |
2024 | $46.43 | 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 |