Haircuts and other personal care services priced at $20 in 2000 $29.62 in 2018

Historical Price Inflation for Haircuts and other personal care services

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Prices for Haircuts And Other Personal Care Services, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for haircuts and other personal care services were 48.12% higher in 2018 versus 2000 (a $9.62 difference in value).

Between 2000 and 2018: Haircuts and other personal care services experienced an average inflation rate of 2.21% per year. This rate of change indicates significant inflation. In other words, haircuts and other personal care services costing $20 in the year 2000 would cost $29.62 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for haircuts and other personal care services was higher.

In the year 2000: Pricing changed by 3.93%, which is above the average yearly change for haircuts and other personal care services during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for haircuts and other personal care services was higher.

Price Inflation for Haircuts and other personal care services since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2000 (3.93%), 2001 (3.47%), and 2007 (3.30%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Haircuts and other personal care services:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 100.000 101.292 104.585 108.692 112.469 114.931 117.877 120.569 124.385 127.915 132.136 136.475 138.866 140.102 140.826 142.916 145.702 147.659 150.813 154.309 157.038 160.994

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Haircuts and other personal care services, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 3.93%
2001 $20.69 3.47%
2002 $21.15 2.19%
2003 $21.69 2.56%
2004 $22.19 2.28%
2005 $22.89 3.16%
2006 $23.54 2.84%
2007 $24.31 3.30%
2008 $25.11 3.28%
2009 $25.55 1.75%
2010 $25.78 0.89%
2011 $25.91 0.52%
2012 $26.30 1.48%
2013 $26.81 1.95%
2014 $27.17 1.34%
2015 $27.75 2.14%
2016 $28.39 2.32%
2017 $28.90 1.77%
2018 $29.62 2.52%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for haircuts and other personal care services, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Haircuts and other personal care services was 108.692 in the year 2000 and 160.994 in 2018:

160.994 / 108.692 * $20 = $29.62

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $29.62 in 2018 (in the CPI category of Haircuts and other personal care services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Haircuts and other personal care services in 1997. In addition to haircuts and other personal care services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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