According to the U.S. Bureau of Labor Statistics, prices for personal care services are 21% higher in 2024 versus 2020 (a $4.20 difference in value).
Between 2020 and 2024: Personal care services experienced an average inflation rate of 4.88% per year. This rate of change indicates significant inflation. In other words, personal care services costing $20 in the year 2020 would cost $24.20 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for personal care services was lower.
In the year 2020: Pricing changed by 4.36%, which is below the average yearly change for personal care services during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for personal care services was much higher.
Below are calculations of equivalent buying power for Personal care services, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2020 | $20.00 | 4.36% |
2021 | $21.01 | 5.07% |
2022 | $22.15 | 5.42% |
2023 | $23.23 | 4.87% |
2024 | $24.20 | 4.17%* |
* 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:
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 | 342.638 |