Personal care priced at $20 in 1988 $47.23 in 2024

Personal Care Inflation Calculator

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Prices for Personal Care, 1988-2024 ($20)

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.

Price Inflation for Personal care since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (11.66%), 1943 (10.34%), and 1942 (10.13%).

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Buying power of $20.00 since 1988

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:

YearUSD ValueInflation Rate
1988$20.003.75%
1989$20.934.66%
1990$21.844.35%
1991$22.593.42%
1992$23.162.54%
1993$23.692.29%
1994$24.212.20%
1995$24.641.76%
1996$25.142.03%
1997$25.571.73%
1998$26.242.62%
1999$26.972.78%
2000$27.742.83%
2001$28.562.96%
2002$29.252.43%
2003$29.821.93%
2004$30.432.04%
2005$31.092.18%
2006$31.862.47%
2007$32.762.83%
2008$33.712.89%
2009$34.261.64%
2010$34.611.01%
2011$34.930.93%
2012$35.531.72%
2013$36.001.34%
2014$36.511.40%
2015$36.981.30%
2016$37.561.56%
2017$38.021.23%
2018$38.701.78%
2019$39.191.28%
2020$39.911.84%
2021$40.772.15%
2022$43.195.93%
2023$45.785.99%
2024$47.233.17%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI14.20014.40015.20015.50015.50015.40015.80017.40019.20020.50021.20022.70025.34626.30026.25426.23828.70029.03829.28529.44629.93831.17732.31533.37734.06234.62334.77735.41535.89236.31536.56237.31538.41540.00041.96243.48544.89246.04648.09252.73857.90061.66965.64669.92375.23881.87789.13895.423100.285104.277108.315111.908115.108119.423124.985130.415134.877138.300141.469144.585147.123150.108152.700156.700161.062165.623170.523174.669178.038181.677185.638190.231195.622201.279204.587206.643208.556212.135214.978217.989220.821224.273227.023231.062234.027238.329243.464257.904273.359282.025

Adjust personal care prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1988 * 1988 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Personal care was 119.423 in the year 1988 and 282.025 in 2024:

282.025 / 119.423 * $20 = $47.23

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1988 has the same "purchasing power" as $47.23 in 2024 (in the CPI category of Personal care).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Personal care in 1935. In addition to personal care, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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