Now's your chance.

Make meaningful improvements to your finances every week.

the pink tax

The Pink Tax Explained – What it is and what you can do about it

The pink tax is one that only about half of the population is subject to. And they probably aren’t even aware of it. Are you paying the pink tax?

The pink tax refers to the extra amount women are charged for certain products or services. Things like dry cleaning, personal care products, and vehicle maintenance. So not only do we make less but we pay more. Some bullshit. 

How much more?  About $1,351 more a year in extra costs. Where are we paying more? Below are the some of the biggest culprits.

Clothes

Old Navy got busted last year for charging more for women’s plus sized clothing but not for men’s. The plus sized women’s jeans were $12-15 more than the standard sized ones. But there was no such difference between the prices of men’s plus and regular sized jeans.

Gap, who owns Old Navy, released a statement that the additional cost was because “they are created by a team of designers who are experts in creating the most flattering and on-trend plus styles, which includes curve-enhancing and curve-flattering elements such as four-way stretch materials and contoured waistbands, which most men’s garments do not include.”

Fancy words for the third world, sweat shop child labor. The words “flattering and on-trend” aren’t exactly the ones that spring to mind when I think of Old Navy. Crappy, cheaply made and ready for the rag bag after a couple of washes are what I think of. Old Navy is getting uppity.

Dry cleaners are another place women will pay more for the same service. Men’s shirts cost an average of $2.86 to be cleaned and women’s cost $4.95. I hate this one because I am good at many domestic tasks, but ironing has never been one of them. I could take a shirt out of the bottom of the laundry hamper, and it would look better before my half assed attempt at ironing it than it does after. I just cannot get the hang of it.

It’s not even that cotton dress shirts need special laundering that requires dry cleaners, it’s just that the cleaners will iron them for you. I avoid this by buying only Foxcroft no iron shirts. You can throw these in the laundry, and they come out perfect. Life pro tip for you.

Self Care Products

These are the kinds of things you buy in a drug store, razors, shaving cream, deodorant, face cleanser. A news program compared those items from various stores in Atlanta. The women’s products cost $4 more than the comparable men’s products.

Here’s what you can do ladies, just buy the men’s stuff! Unless you buy the fancy razors with multiple blades and “moisture strips,” the only difference between generic old stick razors for men and women is that our’s are pink and their’s are blue. Surprisingly, color has little effect on the hair removal process.

And buy a big old can of Barbasol. The stuff has been around since 1919 for a reason. In fact, I think the can that is permanently rusted to the edge of my tub is of that vintage. Lasts forever, works great and whatever you’re shaving won’t smell like the inside of a raspberry pop tart. Women’s shaving creams have the nastiest, synthetic smells.

the pink tax - woman pay more than men

You’re not out of the drug store yet. If you have internal rather than external plumbing, you are going spend about $3,000 over the course of your life on pads or tampons too. Jessica Valenti wrote a piece in the Guardian last year wondering why these products weren’t free or at least not taxed. The backlash was swift and vitriolic. You would have thought she had the nerve to say that Viagra shouldn’t be covered by insurance, the bitch.

Paying for tampons is a first world problem. In the first world. Not all women live in the first world, and lack of access to menstrual (sorry, that word makes me cringe too) products is a very real problem for women in less developed countries. UNICEF estimates that 10% of African girls miss school during their period.

And it’s not because they are like some of those over dramatic women we all know and maybe some of us are, that use their period as an excuse to get out of doing stuff they’d rather not do. It’s because they have nothing to stem the blood exiting their bodies. Sorry to be gruesome but having to miss out on education because of your biology is a fucking gruesome problem.

Vehicle Repair

I think this one is an old cliche, but it’s true. Northwestern did a study that had men and women call various repair shops asking about the cost of having a radiator replaced. Women who seemed clueless on the phone were quoted $406 for a job that should cost $365. Men who acted similarly uninformed were quoted $383.

So it pays to do enough research before making these kinds of inquiries to have a ball park figure of what you should be charged. And that goes for both sexes no matter what they are paying for. People will take advantage of dummies no matter what their gender.

What Can You Do?

We are making some progress on this issue. Under the Affordable Care Act, insurance companies can no longer charge women more for identical services. Insurers must also cover birth control which is much more of a human right than fucking (ha!) Viagra which didn’t need a law passed to get it covered.

California passed a gender discrimination pricing law in 1996. Businesses found to be charging women more are subject to a minimum fine of $1000. It doesn’t seem like the law is enforced much though.

The best way to avoid this is to simply buy the men’s version of certain products and to do some home work and shop around for the best prices on things like dry cleaning. Or do what one women’s rights groups in France have done. They started a site and uploaded photos of products that had unequal pricing.

the pink tax - even more on life insurance, wtf

Getting more confident and public shaming companies sometimes have a positive impact. Putting them on blast through something like Twitter will often garner faster results that writing letters and signing petitions.

So, sorry to deliver more bad news to the ladies among us but if you are aware of stuff like these, you can avoid it. Tax day is only a few weeks away and unavoidable (unless you’re in the 1%) but you can avoid the Pink Tax if you know to look for it.

Subscribe and have your financial mind blown.

Get all the things that are free and awesome, in your inbox.

It's about time you got your shit together.