According to the U.S. Bureau of Labor Statistics, prices for haircuts and other personal care services were 65.57% higher in 2019 versus 1997 (a $13.11 difference in value).
Between 1997 and 2019: Haircuts and other personal care services experienced an average inflation rate of 2.32% per year. This rate of change indicates significant inflation. In other words, haircuts and other personal care services costing $20 in the year 1997 would cost $33.11 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.14% during this same period, inflation for haircuts and other personal care services was higher.
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 | 165.570 |
Below are calculations of equivalent buying power for Haircuts and other personal care services, 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 | $20.26 | 1.29% |
| 1999 | $20.92 | 3.25% |
| 2000 | $21.74 | 3.93% |
| 2001 | $22.49 | 3.47% |
| 2002 | $22.99 | 2.19% |
| 2003 | $23.58 | 2.56% |
| 2004 | $24.11 | 2.28% |
| 2005 | $24.88 | 3.16% |
| 2006 | $25.58 | 2.84% |
| 2007 | $26.43 | 3.30% |
| 2008 | $27.29 | 3.28% |
| 2009 | $27.77 | 1.75% |
| 2010 | $28.02 | 0.89% |
| 2011 | $28.17 | 0.52% |
| 2012 | $28.58 | 1.48% |
| 2013 | $29.14 | 1.95% |
| 2014 | $29.53 | 1.34% |
| 2015 | $30.16 | 2.14% |
| 2016 | $30.86 | 2.32% |
| 2017 | $31.41 | 1.77% |
| 2018 | $32.24 | 2.66% |
| 2019 | $33.11 | 2.70%* |