Haircuts and other personal care services price history from 2000 through 2019

Historical Price Inflation for Haircuts and other personal care services

Amount

Start year

End year

See price inflation for:

Prices for Haircuts And Other Personal Care Services, 2000-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for haircuts and other personal care services were 51.17% higher in 2019 versus 2000 (a $10.23 difference in value).

Between 2000 and 2019: Haircuts and other personal care services experienced an average inflation rate of 2.20% 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 $30.23 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.07% 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 2000-2019 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	2019
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	161.216	164.306

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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	$29.66	2.66%
2019	$30.23	1.92%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for haircuts and other personal care services, 2000-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2000 * 2000 USD value = 2019 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 164.306 in 2019:

164.306 / 108.692 * $20 = $30.23

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $30.23 in 2019 (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.