Women are being charged $1,351 more than men, per year, for almost identical products, just labeled "for women." This pricing phenomena, often called the "Pink Tax", can typically be avoided by shopping in the men's section for identical products and paying close attention to pricing.
The biggest culprits are the ones you'd expect: clothing retailers, self-care products, dry cleaning, and vehicle repair all charge women more than men for (often) identical products and services. For example, at the dry cleaner, women are charged $4.95 per shirt on average, compared to $2.86 for men, according to Candice Elliott at Listen Money Matters. It's worth your time to call around to find a dry cleaner with similar rates for men and women. The same rule applies to vehicle repair too. Having a ballpark estimate of what repairs will cost, as well as educating yourself, will often eliminate a pricing discrepancy.
In addition, women often pay more for self-care products like shaving cream, deodorant, facial cleanser, and razors, even though they're largely equivalent to the same products available for men. Many women are fighting back by buying cheaper Barbasol shaving cream (usually in the men's shaving section) over the more expensive "women's" shaving cream, which is essentially the same thing with added fragrance.
Women Earn Less and Pay More, The Pink Tax | Listen Money Matters
Photo by Clean Wal-Mart.
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