According to the U.S. Bureau of Labor Statistics, prices for hair, dental, shaving, and miscellaneous personal care products are 21.48% higher in 2024 versus 1997 (a $4.30 difference in value).
Between 1997 and 2024: Personal care products experienced an average inflation rate of 0.72% per year. In other words, personal care products costing $20 in the year 1997 would cost $24.30 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for personal care products was lower.
Below are calculations of equivalent buying power for Personal care products, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1997 | $20.00 | - |
1998 | $20.14 | 0.70% |
1999 | $20.32 | 0.91% |
2000 | $20.65 | 1.61% |
2001 | $20.87 | 1.07% |
2002 | $20.88 | 0.07% |
2003 | $20.49 | -1.88% |
2004 | $20.42 | -0.35% |
2005 | $20.35 | -0.34% |
2006 | $20.51 | 0.79% |
2007 | $20.72 | 1.03% |
2008 | $20.86 | 0.67% |
2009 | $21.07 | 1.03% |
2010 | $20.85 | -1.06% |
2011 | $20.48 | -1.78% |
2012 | $20.62 | 0.70% |
2013 | $20.56 | -0.28% |
2014 | $20.67 | 0.53% |
2015 | $20.74 | 0.33% |
2016 | $20.62 | -0.60% |
2017 | $20.47 | -0.73% |
2018 | $20.47 | 0.00% |
2019 | $20.60 | 0.67% |
2020 | $20.76 | 0.74% |
2021 | $20.76 | 0.04% |
2022 | $22.03 | 6.08% |
2023 | $23.70 | 7.58% |
2024 | $24.30 | 2.52%* |
* 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 Hair, dental, shaving, and miscellaneous personal care products:
Year | 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 | 100.000 | 100.700 | 101.615 | 103.254 | 104.354 | 104.423 | 102.462 | 102.100 | 101.754 | 102.554 | 103.606 | 104.299 | 105.371 | 104.251 | 102.397 | 103.111 | 102.820 | 103.364 | 103.701 | 103.084 | 102.332 | 102.335 | 103.021 | 103.779 | 103.822 | 110.134 | 118.486 | 121.477 |