By Nicki Escudero
16 December 2019
Products marketed to women are often more expensive than similar products and services for males. From haircuts to medication, gender-based pricing is problematic for female and male consumers alike, and it’s costing tens of thousands of dollars over a lifetime.
A report by the Joint Economic Committee of the United States Congress found that women pay:
- 92% more than men for dry cleaning dress shirts
- 54% more than men for a haircut
- 13% more for personal care products
The report contains many instances where the same product, in pink, costs several dollars more than its male-targeted counterpart. This discrepancy is what is commonly known as the pink tax.
Read the full article and download the report on The Simple Dollar’s blog.