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16 things that are still more expensive for women than for men

Published by Business Insider on Mon, 20 Aug 2018


You've probably heard people talk about the "pink tax"a term that refers to how products for women, like razors in "feminine" colors, are often pricier than the men's equivalent.From everyday items like deodorant and clothing to services such as haircuts and dry-cleaning, here are 16 things that cost women more money than men.Women pay higher mortgage rates because research has found that they often choose lenders by recommendation rather than by rate.According to a 2011 study in the Journal of Real Estate Finance and Economics, women, on average, pay more for mortgages than men do.The researchers posit that the disparity cannot solely be attributed to gender discrimination, findingthat "women pay higher rates because they are more likely to choose lenders by recommendation, while men tend to search for the lowest rate."Women tend to pay more for car insurance.Some might believe that women pay less for car insurance than men because they're viewed as safer drivers. However, a 2017 report from the Consumer Federation of America found that car insurance is actually more expensive for female drivers.Comparing 165 online premium quotes, researchers found that 40-year-old women faced the greatest chance of being charged more than men. In addition, 60-year-old women often had higher premiums than male drivers their age.Personal care items are pricier for women. Razors, for instance, are more expensive due to the "pink tax.""The Cost of Doing Femininity: Gendered Disparities in Pricing of Personal Care Products and Services," a 2011 study in the journal Gender Issues, looks at the gender-based economic discrimination that factors into the cost of personal care items. Researchers compared pricing at national retail chains including Target, Wal-Mart, CVS, and Walgreens.The disparityoften labeled the "pink tax," since women's products come in "feminine" colorsmeans that female consumers are charged more for products like razors simply on the basis of their gender.Women's razors are around 11% more expensive than men's.See the rest of the story at Business Insider
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