I think a factor a lot of people aren't keeping up with is real estate costs. Most barbers don't own their own shops. they're paying rent.
Look at the increase in housing prices from '05 to now. Look at the increase in commercial rent from 05 to now. Look at the increase in mortgage rates from 05 to now. Look at the record interest rates we have right now.
Secondarily you'd have to really look at tariffs. Very few of the products in a barber shops are made in America. Most of hair supply is sourced from many countries in Asia which are now heavily tariffed. And even before the tariffs ,these same products had to be sourced during the covid supply chain dysfunction.
Do I deny that there is profit seeking from barbers? No because whenever there's inflation in any industry , the producer is aware that the consumer doesn't know to what extent the inflation is and there is opportunity for upside beyond The increased costs. But the increased cost in haurcuts in the last two decades is definitely tied to other things like interest rates, tariffs, shipping dysfunction, etc.
This!
yup and wages should've kept up with inflation but unfortunately this is America
cause i'm sure one of you cats..