According to the U.S. Bureau of Labor Statistics, prices for personal care are 136.16% higher in 2024 versus 1988 (a $27.23 difference in value).
Between 1988 and 2024: Personal care experienced an average inflation rate of 2.42% per year. This rate of change indicates significant inflation. In other words, personal care costing $20 in the year 1988 would cost $47.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for personal care was lower.
In the year 1988: Pricing changed by 3.75%, which is above the average yearly change for personal care during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for personal care was lower.
Below are calculations of equivalent buying power for Personal care, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1988 | $20.00 | 3.75% |
1989 | $20.93 | 4.66% |
1990 | $21.84 | 4.35% |
1991 | $22.59 | 3.42% |
1992 | $23.16 | 2.54% |
1993 | $23.69 | 2.29% |
1994 | $24.21 | 2.20% |
1995 | $24.64 | 1.76% |
1996 | $25.14 | 2.03% |
1997 | $25.57 | 1.73% |
1998 | $26.24 | 2.62% |
1999 | $26.97 | 2.78% |
2000 | $27.74 | 2.83% |
2001 | $28.56 | 2.96% |
2002 | $29.25 | 2.43% |
2003 | $29.82 | 1.93% |
2004 | $30.43 | 2.04% |
2005 | $31.09 | 2.18% |
2006 | $31.86 | 2.47% |
2007 | $32.76 | 2.83% |
2008 | $33.71 | 2.89% |
2009 | $34.26 | 1.64% |
2010 | $34.61 | 1.01% |
2011 | $34.93 | 0.93% |
2012 | $35.53 | 1.72% |
2013 | $36.00 | 1.34% |
2014 | $36.51 | 1.40% |
2015 | $36.98 | 1.30% |
2016 | $37.56 | 1.56% |
2017 | $38.02 | 1.23% |
2018 | $38.70 | 1.78% |
2019 | $39.19 | 1.28% |
2020 | $39.91 | 1.84% |
2021 | $40.77 | 2.15% |
2022 | $43.19 | 5.93% |
2023 | $45.78 | 5.99% |
2024 | $47.23 | 3.17%* |
* 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:
Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 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 | 14.200 | 14.400 | 15.200 | 15.500 | 15.500 | 15.400 | 15.800 | 17.400 | 19.200 | 20.500 | 21.200 | 22.700 | 25.346 | 26.300 | 26.254 | 26.238 | 28.700 | 29.038 | 29.285 | 29.446 | 29.938 | 31.177 | 32.315 | 33.377 | 34.062 | 34.623 | 34.777 | 35.415 | 35.892 | 36.315 | 36.562 | 37.315 | 38.415 | 40.000 | 41.962 | 43.485 | 44.892 | 46.046 | 48.092 | 52.738 | 57.900 | 61.669 | 65.646 | 69.923 | 75.238 | 81.877 | 89.138 | 95.423 | 100.285 | 104.277 | 108.315 | 111.908 | 115.108 | 119.423 | 124.985 | 130.415 | 134.877 | 138.300 | 141.469 | 144.585 | 147.123 | 150.108 | 152.700 | 156.700 | 161.062 | 165.623 | 170.523 | 174.669 | 178.038 | 181.677 | 185.638 | 190.231 | 195.622 | 201.279 | 204.587 | 206.643 | 208.556 | 212.135 | 214.978 | 217.989 | 220.821 | 224.273 | 227.023 | 231.062 | 234.027 | 238.329 | 243.464 | 257.904 | 273.359 | 282.025 |