According to the U.S. Bureau of Labor Statistics, prices for personal care were 6.21% higher in 2020 versus 2016 (a $1.24 difference in value).
Between 2016 and 2020: Personal care experienced an average inflation rate of 1.52% per year. In other words, personal care costing $20 in the year 2016 would cost $21.24 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.87% during this same period, inflation for personal care was lower.
In the year 2016: Pricing changed by 1.56%, which is above the average yearly change for personal care during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for personal care was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Personal care:
Below are calculations of equivalent buying power for Personal care, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|