Personal care priced at $20 in 2018 $23.08 in 2023

Personal Care Inflation Calculator


Prices for Personal Care, 2018-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for personal care are 15.42% higher in 2023 versus 2018 (a $3.08 difference in value).

Between 2018 and 2023: Personal care experienced an average inflation rate of 2.91% per year. This rate of change indicates significant inflation. In other words, personal care costing $20 in the year 2018 would cost $23.08 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.62% during this same period, inflation for personal care was lower.

In the year 2018: Pricing changed by 1.78%, which is below the average yearly change for personal care during the 2018-2023 time period. Compared to inflation for all items in 2018 (2.44%), 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 2018

Below are calculations of equivalent buying power for Personal care, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust personal care prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2018 * 2018 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Personal care was 231.062 in the year 2018 and 266.688 in 2023:

266.688 / 231.062 * $20 = $23.08

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $23.08 in 2023 (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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